⚡TSMC confirmed it is in talks with Elon Musk about building a 'Terafab' facility in Texas, but stated it must retain operational control of any such plant.

What it means

TSMC has confirmed it is in preliminary talks with Elon Musk about building or supplying the proposed Terafab chipmaking complex in Texas, but CEO C.C. Wei has set a clear condition: TSMC must hold operational control of the fab if it joins the project. No deal is in place yet, and TSMC has reportedly sent a team to assess the potential expansion.

Accuracy & sourcesSourced

The claim is solid and sits close to the primary source: it comes from TSMC CEO C.C. Wei's public remarks around TSMC's Q3 2026 earnings call, and multiple outlets (SCMP, Reuters, Tom's Hardware, TrendForce) quote the same statement consistently. The detail that TSMC insists on operating the plant is a direct paraphrase of Wei's stated position, not speculation.

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