TSMC said it is in talks with Elon Musk’s Terafab project on possible
cooperation but stressed it must retain operational control of any chip fabs.
Asked whether TSMC would join Musk’s chip manufacturing plan, CEO C.C. Wei said
the company must run the wafer fabs, adding “fabs must be operated by TSMC.”
Musk had earlier said TSMC could at most lease capacity and would not operate
the plant. Both parties confirmed discussions but disclosed no terms.
