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U.S. stocks on the move | TSMC (TSM.US) rises about 1.4% to a record high amid discussions of joining the Terafab project

U.S. stocks on the move | TSMC (TSM.US) rises about 1.4% to a record high amid discussions of joining the Terafab project

智通财经智通财经2026/10/05 15:01
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According to Jinse Finance APP, on Monday, TSMC (TSM.US) saw its shares rise by about 1.4% to $479, reaching a market capitalization of approximately $2.49 trillions and hitting a record high. Media reports indicate that TSMC is evaluating a collaboration with the Texas-based Terafab Super Wafer Plant project under Tesla and SpaceX CEO Elon Musk to establish advanced end-to-end semiconductor manufacturing capacity in the United States. Elon Musk personally confirmed this news on the social media platform X, while TSMC maintained its usual low profile, making no public comment.

```htmlAccording to Jinse Finance APP, on Monday, TSMC (TSM.US) rose during trading hours. As of press time, it was up about 1.4% at $479, with a market capitalization of approximately $2.49 trillion, marking a historic high. In terms of news, media reports indicated that TSMC is evaluating cooperation with the Terafab super wafer plant project in Texas, owned by Tesla and SpaceX CEO Elon Musk, to establish advanced end-to-end semiconductor manufacturing capacity in the United States. Elon Musk personally confirmed this news on the social media platform "X." TSMC, as usual, remained low-key and made no public response.```
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