TSMC 'not afraid of competition' as CEO wishes Elon Musk good luck on chips - Nikkei Asia

TSMC's Chairman and CEO C.C. Wei expressed confidence in the company's competitive position during the annual general meeting in Hsinchu, Taiwan, stating that Elon Musk's plan to build massive chip pl... Read original →

TSMC’s dismissive tone toward Elon Musk’s chip ambitions underscores its confidence in an unassailable process-technology lead. With AI driving insatiable demand for sub-3nm nodes, TSMC’s yield maturity and scale dwarf Samsung and Intel, effectively locking in key clients like NVIDIA. While the U.S. CHIPS Act incentivizes domestic fabs, new greenfield plants face 3–5-year ramp cycles and steep yield risks—insufficient to erode TSMC’s Taiwan, China-based ecosystem dominance soon. By refusing to hike prices amid AI-driven demand surges, TSMC preserves its pricing authority in logic foundry and neutralizes Intel’s subsidy-heavy market-share gambit. Over the next 18 months, Musk’s entry—if realized—will likely target custom AI accelerators, making him a potential TSMC customer rather than a credible rival.