TSMC 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" (Cheng Ting-Fang/Nikkei Asia)
TSMC wants to back a future chip leader before it reaches Nvidia’s scale.
Nikkei Asia reports that TSMC plans a $500 million venture fund. Its targets include chip startups, suppliers and other upstream partners. TSMC says “we also want to support the future’s Nvidia,” putting emerging chip companies among the fund’s intended beneficiaries.
Techmeme's note
Nikkei Asia reports that TSMC plans a $500 million venture fund. Its targets include chip startups, suppliers and other upstream partners. TSMC says “we also want to support the future’s Nvidia,” putting emerging chip companies among the fund’s intended beneficiaries.
Techmeme's note
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