TSMC (TSM) approves up to $500 million each for Anthropic and OpenAI. Google and Nvidia plan $10 billion apiece for Anthropic.

Key points TSMC approves investments in Anthropic and OpenAI TSMC's Anthropic money is part of a $26 billion placement TSMC approves capital appropriations and a higher dividend Taiwan Semiconductor Manufacturing (TSM) said its board approved investing up to $500 million in Anthropic (ANT) at its IPO price and up to $500 million in OpenAI preferred stock, according to a filing on Tuesday. The same board meeting approved about $40.93 billion in capital appropriations. It also raised TSMC's quarterly cash dividend to NT$9.0 a share, from NT$7.0. TSMC's Anthropic money is part of a $26 billion placement Anthropic set its IPO range at $70 to $78 a share on Tuesday. Its amended filing lists TSMC Partners among seven companies that agreed to buy $26.0 billion of nonvoting Class N stock at the IPO price. At the $74 midpoint, TSMC Partners would buy 6,756,756 shares for about $500 million, the filing says. That matches the amount TSMC's board approved.

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