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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)

TOKYO — Taiwan Semiconductor Manufacturing Co. plans to use a new $500 million venture fund to support promising chip startups …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

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