Skip to content
Back to all stories
mint

TSMC open to partnership with Elon Musk’s Terafab as chip giant's Q3 profit hits record $23.6 billion

TSMC open to partnership with Elon Musk’s Terafab as chip giant's Q3 profit hits record $23.6 billion

·Excerpt
TSMC open to partnership with Elon Musk’s Terafab as chip giant's Q3 profit hits record $23.6 billion
Image: Elon Musk wants to build and operate Terafab, but TSMC says any factory it joins must be run by the chipmaker. The dispute comes as its third-quarter profit jumps 68.7%. (AI generated image)

Taiwan Semiconductor Manufacturing Co. (TSMC) is discussing a potential collaboration with Elon Musk’s Terafab chipmaking project, but the Taiwanese semiconductor giant has made clear that it would retain control over factory operations under any arrangement. The comments come as TSMC reported a record quarterly net profit of NT$763.1 billion ($23.6 billion) for July to September, extending its run of record profits to six consecutive quarters amid strong demand for artificial intelligence chips.Speaking during an earnings call on Thursday, TSMC chief…

Continue reading on mint ↗

Courtesy

This story was originally published by mint. All rights belong to the original publisher.

Read the original on livemint.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us