Taiwan chipmaker TSMC explores Texas investment to expand production in the US

What happened: TSMC said it is exploring potential investments in Texas to expand US chip production, and is open to collaborating with Elon Musk's planned "Terafab" complex. Why it matters: CEO C.C. Wei said AI demand is still far above TSMC's ability to supply, and most large US customers are asking for more capacity. Musk said Tesla will build and run the fab, with TSMC at most subleasing part. TSMC flagged rising component prices and macroeconomic uncertainty, saying it has been prudent in planning for 2027. Market: -4.0% today ($52.10), -30.6% YTD, 1.1x vol — as of 07:45 UTC

TSMC said it is exploring potential investments in Texas to expand US chip production, and is open to collaborating with Elon Musk's planned "Terafab" complex.

CEO C.C. Wei said AI demand is still far above TSMC's ability to supply, and most large US customers are asking for more capacity. Musk said Tesla will build and run the fab, with TSMC at most subleasing part. TSMC flagged rising component prices and macroeconomic uncertainty, saying it has been prudent in planning for 2027. Market: -4.0% today ($52.10), -30.6% YTD, 1.1x vol — as of 07:45 UTC