OpenAI's Altman discussed chip-making venture with members of Congress

The project could build new factories or partner with existing chip-making companies, like Taiwan Semiconductor Manufacturing Co., the world's biggest made-to-order chip company that currently manufactures around 90 percent of the world's advanced chips, one of the people said. The venture could operate similarly to how Apple allocates huge amounts of money to TSMC in order to guarantee a stable supply of chips, the person said.