TSMC is open to working on Musk’s Terafab, but only if it runs the fab

C.C. Wei confirmed talks on the Texas chip project while insisting TSMC must operate the facility, a stance that clashes with Musk's own plans TSMC is talking to Elon Musk about Terafab, his sprawling chip fabrication project in Texas. The world’s most important chipmaker has one condition: it wants to be the one running the factory. On its Q3 2026 earnings call on October 15, TSMC confirmed it is in active discussions about collaborating on Terafab. Chairman and CEO C.C. Wei made clear that any chip fabrication facility involved would need to be operated by TSMC itself. That framing directly contradicts what Musk posted on X on October 7.

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