The chipmaker wants to nurture future chip giants, and its suppliers and partners could also be in line for funding.
TSMC plans a $500 million venture fund with Nvidia-sized ambitions: back promising chip startups and broaden its ecosystem, executive Kevin Zhang says. Suppliers and partners could also receive backing.
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TSMC plans a $500 million venture fund to back promising chip startups that could become the next Nvidia or Broadcom, Nikkei Asia reported on November 13, 2026, citing senior executive Kevin Zhang. A modest little ambition, then. Source
“We not only support today's Nvidia, but we also want to support the future's Nvidia,” Zhang, TSMC’s senior vice president and deputy co-chief operating officer, told Nikkei in Tokyo. Source
The contract chipmaker wants the fund to broaden its ecosystem and “formalize” its investment activities amid the AI boom, according to Nikkei. Source
TSMC’s own suppliers and partners, including providers of intellectual property, could also be in line for a check, according to Taiwan News’ account of Zhang’s Nikkei interview. Source
TSMC established an emerging fund in 2021 to give startups access to its advanced manufacturing capacity, Taiwan News reports. Source
@TechmemeTSMC plans to set up a new $500M fund to invest in chip startups, suppliers, and other upstream partners, saying "we also want to support the future's Nvidia" (@chengtingfang / Nikkei Asia) (Visit Techmeme dot com for the link and full context!)@TechmemeTSMC plans to set up a new $500M fund to invest in chip startups, suppliers, and other upstream partners, saying "we also want to support the future's Nvidia" (@chengtingfang / Nikkei Asia) (Visit Techmeme dot com for the link and full context!)@TechmemeTSMC plans to set up a new $500M fund to invest in chip startups, suppliers, and other upstream partners, saying "we also want to support the future's Nvidia" (@chengtingfang / Nikkei Asia) (Visit Techmeme dot com for the link and full context!)@TechmemeTSMC plans to set up a new $500M fund to invest in chip startups, suppliers, and other upstream partners, saying "we also want to support the future's Nvidia" (@chengtingfang / Nikkei Asia) (Visit Techmeme dot com for the link and full context!)#16
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