TSMC touched an intraday all-time high after Musk confirmed early-stage Terafab talks — "just discussions, but something may come of it." Intel, already a Terafab partner, fell ~2% on the news. The st

What happened: Taiwan Semiconductor Manufacturing Company (TSM) stock rose to an all-time high on Monday after Elon Musk acknowledged early-stage talks with TSMC about a potential collaboration on his Terafab semiconductor initiative. Key numbers: TSM up more than 60% year Why it matters: Musk said "Just discussions, but something may come of it." Terafab is his plan to build a giant semiconductor factory serving Tesla (TSLA), SpaceX (SPCX), and xAI. TSMC is the world's largest foundry, with AI-driven demand and US expansion for clients including Apple (AAPL), Nvidia (NVDA), and AMD (AMD).

Taiwan Semiconductor Manufacturing Company (TSM) stock rose to an all-time high on Monday after Elon Musk acknowledged early-stage talks with TSMC about a potential collaboration on his Terafab semiconductor initiative.

Musk said "Just discussions, but something may come of it." Terafab is his plan to build a giant semiconductor factory serving Tesla (TSLA), SpaceX (SPCX), and xAI. TSMC is the world's largest foundry, with AI-driven demand and US expansion for clients including Apple (AAPL), Nvidia (NVDA), and AMD (AMD).