TSMC seeks to back next chip titan with new investment arm

Detailed summary
$500m fund could also aid suppliers as chipmaker aims to broaden ecosystem in AI boom
"We not only support today's Nvidia, but we also want to support the future's Nvidia," Kevin Zhang, senior vice president and deputy co-chief operating officer at Taiwan Semiconductor Manufacturing Co., told Nikkei Asia in an interview on the sidelines of the Nikkei Forum Global Management Dialogue 2026 in Tokyo. (Photo by Yuki Kohara)
TOKYO -- Taiwan Semiconductor Manufacturing Co. plans to use a new $500 million venture fund to support promising chip startups that could become the next Nvidia or Broadcom, as the world's largest contract chipmaker seeks to broaden its ecosystem and "formalize" its investment activities amid the AI boom, a senior executive told Nikkei Asia.
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