TSMC is open to working on Musk’s Terafab but says it must run the fab

TSMC chairman and chief executive C.C. Wei stated during the third-quarter earnings call that the company is open to collaborating on Elon Musk's Terafab chip project. However, Wei specified that any involved fab must be operated by TSMC. While Bloomberg reported these remarks, the two parties have not yet reached a formal agreement. Such a partnership could significantly influence AI industry dynamics and semiconductor manufacturing within the US, depending on the final control agreements reached.