TSMC CEO C.C. Wei confirmed on the October 15, 2026 third-quarter earnings call that the company is in talks with SpaceX about the Terafab chip plant, but said a Texas facility must be run by TSMC. Elon Musk earlier said SpaceX would build and run the fab, with TSMC at most subleasing part of it. TSMC reported third-quarter revenue of $46.72B at a 66.4% gross margin and said overseas fabs will reduce gross margin by about 2% in 2026. TSM shares fell 3.05% to $416.90 in morning trading.
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TSMCsemiconductorsSpaceXearnings
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| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/21/2026 | 386.55 |
| Change that session | +3.44% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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