The follow-through on $TSM is actually pretty decent this morning. In Taiwan the shares are up around 2.6%, and the U.S. ADR is up almost 3% overnight after finishing up 2% yesterday. That's after the board approved up to $500M in Anthropic shares at the $ANT IPO price and up to $500M in OpenAI preferred stock, along with about $40.9B in capital spending. I still like the idea that the company making the chips wants a small piece of the model makers too. It's not a huge check for them, but $NVDA is also bouncing about 2% overnight, and S&P and Nasdaq futures are both higher, with Nasdaq up around 1%.
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