TSMC approves up to $1 billion for Anthropic, OpenAI stakes; lifts dividend
Taiwan Semiconductor Manufacturing Co.'s board approved investing up to $500 million each in Anthropic, at its IPO price, and in OpenAI preferred stock. The world's largest contract chipmaker also raised its quarterly dividend to a record NT$9 a share from NT$7 and approved about $40.9 billion in new capital spending.
AI-assisted · US Brief desk · Sources listed below
What happened
TSMC's board on Tuesday approved investing up to $500 million in Anthropic common shares at the Claude maker's initial public offering price, and up to $500 million in OpenAI preferred stock, the company said. The board also approved up to $500 million to set up an investment company for strategic stakes in the chip industry and related businesses.
Why it matters
TSMC is a critical supplier to leading AI companies, including Nvidia, Reuters noted. Reuters said the move positions the company to profit both as a supplier and as an owner of stakes in leading AI developers, even as concerns grow about soaring AI spending. TSMC shares rose in premarket U.S. trading on Wednesday, Dow Jones reported.
More context
Key numbers: The quarterly cash dividend rises to NT$9 (about US$0.27) a share from NT$7, a 28.6% increase and a record, Focus Taiwan reported. Third-quarter net income was NT$763.06 billion, up 68.7% from a year earlier, on revenue of NT$1,494.24 billion. The board also approved about US$40.93 billion in capital appropriations for new capacity, factories and 2027 research. TSMC has forecast 2026 capital spending of $60 billion to $64 billion.
The AI backdrop: Anthropic on Tuesday set an IPO price range of $70 to $78 a share, seeking a valuation of up to $1.4 trillion, and is raising $26 billion in a separate private placement from backers including Google, Nvidia, AMD and Microsoft, Reuters reported. TSMC expects revenue growth of about 44% this year and says demand still outstrips its capacity, according to Reuters.
Dividend dates: The ex-dividend date is March 11, 2027, the record date is March 17, and payment is set for April 8, 2027, TSMC said. The same ex-dividend and record dates apply to its U.S.-traded American depositary shares.
What's still unknown: How much TSMC will actually buy. Both stakes are capped, not fixed. Anthropic's final IPO price will set the size of that stake, and neither TSMC nor OpenAI disclosed the price or terms of the OpenAI preferred shares.
4 listed sources
- TSMC, TSMC Board of Directors Meeting Resolutions, Nov. 10, 2026
- Reuters (via StreetInsider; Wen-Yee Lee, Anhata Rooprai), TSMC to invest up to $1 billion in Anthropic, OpenAI, Nov. 10, 2026
- Focus Taiwan (CNA), TSMC to invest in Anthropic, OpenAI, raise quarterly dividend, Nov. 11, 2026
- Dow Jones (via Morningstar), North American Morning Briefing, Nov. 11, 2026
References listed by US Brief; a source count is not a verification score.
Editorial sourcing notes
The investment amounts are board-approved ceilings ("not to exceed"), not completed purchases. Anthropic's IPO price had not been set when TSMC announced the plan.
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