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Chipmaker Plans Two AI Investments

Approval does not mean the money has already been spent.

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Technology news editorial illustration for TSMC Approves Up to $1 Billion for Two AI Developers

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. on 10 that its to in and .

be up to $500 . , the up to $1 .

Source: Reuters via Investing.com, 2026-11-10.

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Try 2 questions about this story, then explain one idea in your own words. Check the text whenever you need to.

In this lesson: Find the companies and investment limits.

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Read and understand · 1/2Which company makes chips?

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TSMC. The first sentence identifies TSMC as the chipmaker.

Clue: TSMC makes computer chips. Reuters reported on November 10 that its board approved plans to buy shares in Anthropic and OpenAI.

Read and understand · 2/2What is the combined maximum?

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$1 billion. Two limits of $500 million add up to $1 billion.

Clue: Each investment can be up to $500 million. Together, the two limits add up to $1 billion.

Grammar in this story: A maximum

up to $500 million

Up to sets a maximum. The actual investment can be smaller.

Your turn

Explain the two investment limits.

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TSMC approved plans to invest up to $500 million in each developer. The combined maximum is $1 billion.

Your answer can be different. Give a reason and use your own words.

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