TSMC board approves about $40.9 billion in capital investment and takes stakes in Anthropic and OpenAI

On 10 November 2026, the board of directors of TSMC (TWSE: 2330, NYSE: TSM) held a meeting and approved several resolutions. This summary is based solely on the company's official announcement, which is brief and contains no analysis or further detail.

Third-quarter 2026 results: the board approved the business report and financial statements for the quarter. Consolidated revenue was NT$1,494.24 billion (New Taiwan dollars). Net income was NT$763.06 billion, with diluted earnings per share of NT$29.43.

Dividend: a cash dividend of NT$9.0 per share was approved for the third quarter of 2026. The record date is 17 March 2027 and the ex-dividend date is 11 March 2027. The shareholder register will be closed from 13 to 17 March 2027, as required by Article 165 of Taiwan's Company Act. Payment will be made on 8 April 2027. For TSMC ADSs, both the ex-dividend date and the record date are 11 March 2027.

Capital appropriations: to meet long-term capacity plans based on market demand forecasts and the company's technology roadmap, the board approved capital appropriations of approximately US$40,926.70 million. The announcement says the funds will go mainly to four purposes:

(1) Installation and upgrade of advanced technology capacity.

(2) Installation and upgrade of advanced packaging and mature/specialty technology capacity.

(3) Fab construction and installation of fab facility systems.

(4) 2027 R&D capital investments, sustaining capital expenditure and capitalized leased assets.

The announcement does not break down how much goes to each item or specify fab locations or particular nodes.

Strategic investments: the board approved investing up to US$500 million to set up an investment company. Its purpose is to make strategic investments in the semiconductor industry and its ecosystem.

The board also approved two investments in AI companies. The first is in Anthropic, PBC, at its initial public offering price per share, for an amount not exceeding US$500 million, to acquire common shares. The second is in OpenAI Group PBC, for an amount not exceeding US$500 million, to acquire preferred shares. The text presents both figures as caps, not as amounts already disbursed. It gives no further detail on timing or terms.

What it means for readers: the announcement confirms the investment pace of the world's largest foundry in advanced capacity and packaging, as well as its interest in taking stakes in two of the leading AI labs. It includes no annual spending guidance, management commentary or per-node figures. Any interpretation beyond what is stated would be speculation.