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TSMC Board Approves Up to $1 Billion Investment Plan in Anthropic and OpenAI

Taiwan Semiconductor Manufacturing said its board approved plans to invest up to $1 billion in Anthropic and OpenAI.

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By Sherry QinThe world's largest contract chip maker approved plans to invest up to $1 billion in Anthropic and OpenAI, giving markets a shot of confidence as the artificial-intelligence trade shows signs of strain.Taiwan Semiconductor Manufacturing Co. on Tuesday said its board approved investment…

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