Movement Alert｜Taiwan Semiconductor Manufacturing Rises 3.03% in Regular Trading Amid Terafab Project Partnership Talks
Market Focus
Oct 06
On October 6, Taiwan Semiconductor Manufacturing rose 3.03% in regular trading, hitting $487.01 per share with $3.71 billion turnover.
These gains continue momentum from recent record highs following confirmation of talks with Elon Musk's Terafab project about establishing advanced semiconductor manufacturing in the US.
Discussions involve potential joint ventures where TSMC would provide wafer manufacturing capabilities while Terafab contributes funding and procurement agreements, expanding America's domestic chip manufacturing scale while positioning Tesla as a major AI chip customer at Terafab's Austin facility.
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