🔥 STOCK OF THE DAY: TSM — THE CHIPMAKER THAT MAY WIN EITHER WAY

$Taiwan Semiconductor Manufacturing(TSM)$  just gave investors another reason to pay attention.

Taiwan Semiconductor jumped 2.75% to a record $485.80 after Elon Musk confirmed that early discussions are underway around the proposed Terafab project.

That matters because the market isn’t just watching who ultimately gets the manufacturing contract.

It’s watching who controls the leading-edge capacity behind the next wave of chips.

And TSMC is already sitting at the centre of that conversation.

The interesting part is that Terafab doesn’t need to become a massive confirmed order tomorrow for TSMC to remain relevant.

If Musk’s ambitions require advanced semiconductor manufacturing, TSMC is naturally one of the companies investors will keep watching.

Meanwhile, Intel fell 2.63% as investors questioned whether its previously discussed role in Musk’s chip project could be diluted.

That creates an unusual setup:

🚀 Musk is talking about massive future chip capacity.

🏭 TSMC already has leading-edge manufacturing scale.

⚔️ Intel is trying to strengthen its foundry position.

📈 TSMC shares are already at record levels.

But there’s a catch.

Terafab is still a discussion, not a signed contract.

There is no confirmed order size, final capacity allocation or firm production timeline yet.

So I wouldn’t chase the headline alone.

The bigger test is whether TSMC can keep turning its enormous demand pipeline into actual earnings growth.

With Q3 earnings approaching, the next numbers could tell us much more than the Terafab headline.

TSM isn’t just a bet on one Musk project. It’s a bet on who gets paid to manufacture the world’s most advanced chips.

👀 Stock to watch: TSM