[TSMC Approves Investment of Up to $1 Billion in Anthropic and OpenAI] According to a report by Jinse Finance, citing the Wall Street Journal, TSMC, the semiconductor foundry, announced on Tuesday that its board of directors has approved an investment arrangement totaling up to $1 billion in artificial intelligence companies Anthropic and OpenAI. Specifically, TSMC will subscribe for up to $500 million worth of Anthropic common stock at its initial public offering (IPO) price, and invest up to $500 million in OpenAI preferred stock. On the same day, TSMC's board also approved the establishment of an investment company with up to $500 million for strategic investments in the semiconductor industry and related ecosystem, and approved a capital budget of approximately $40.927 billion. This capital budget will be used for advanced processes, advanced packaging, mature and specialty process capacity, plant and facility construction, as well as R&D capital budget, recurring capital budget, and capitalized lease asset budget for 2027. The subscription price per share for Anthropic will be determined at its IPO price, and the investment in OpenAI will be in OpenAI Group PBC preferred stock.