Taiwan Semiconductor Manufacturing's stock rose 2% to a record high after Elon Musk confirmed early-stage talks with Terafab, a new chip manufacturing venture planned for Texas. While no deal is finalized, the potential partnership could expand Taiwan Semiconductor's U.S. footprint and boost its role in supplying chips for AI and other tech sectors. Broadcom also gained 2%, benefiting from AI demand, while Qualcomm fell 2% due to less direct involvement. Investors await formal announcements to confirm Taiwan Semiconductor's role in Terafab's Texas factories.
Taiwan Semiconductor shares are up 2.50% at USD 484.58 on Pluang as of Oct 06, 2026 00:11 WIB, reflecting strong investor interest in the company. Broadcom also gained 2.11%, trading at USD 362.64, while Qualcomm pulled back 1.70% to USD 181.72. These movements highlight varied market reactions within the semiconductor sector on Pluang at the same time as the news.
Elon Musk confirmed talks with Taiwan Semiconductor Manufacturing Co (TSMC) about building a dedicated chip factory for Tesla, SpaceX, and xAI under the Terafab initiative. The factory would supply custom chips for AI, vehicles, and spacecraft, aimin...
TSMC will report earnings on October 15, 2026, with its CEO's commentary on AI chip demand, capacity, and advanced packaging for 2027 being crucial. Broadcom, which relies heavily on TSMC for wafer supply, expects its AI semiconductor revenue to doub...
Intel shares fell 4% after Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing (TSMC) about joining Terafab, a Texas chip venture where Intel is currently the sole manufacturing partner. This potential partnership could reduce Int...
An investor is increasing holdings in Taiwan Semiconductor Manufacturing Company (TSMC) ahead of its October 15 earnings report, citing strong growth driven by AI chip production. TSMC's second-quarter revenue rose 36% year-over-year, with high-perfo...
Taiwan Semiconductor Manufacturing Company (TSMC) is expected to deliver strong Q3 earnings, with analysts forecasting an EPS of $4.46 and revenue of $45.55 billion, surpassing management's conservative estimates. The company is anticipated to provid...
