TSMC Board Approves Up to $1 Billion in Anthropic, OpenAI Investments
The board approved investments of up to $500 million each in Anthropic common shares at the IPO price and OpenAI preferred stock, and announced a higher quarterly dividend.
Taiwan Semiconductor Manufacturing Co. (TSM) on Tuesday said its board approved investments of up to $500 million each in Anthropic’s common shares at the IPO price and OpenAI’s preferred stock, and also announced a bump up in quarterly dividend.U.S.-listed shares of TSM advanced 5% in premarket tr…