TSMC CEO C.C. Wei stated there are "no shortcuts" in building semiconductor fabs, suggesting Elon Musk's TerraFab project cannot be completed faster than industry standards.

TSMC increased its full-year revenue growth forecast to over 30%, up from its previous guidance of below 30%.

An analyst estimated that Elon Musk's TerraFab vision would cost between $5 trillion and $13 trillion to fully realize.

TSMC plans to increase its capital spending to approach $56 billion.

High demand for memory chips from AI hyperscalers is creating a supply shortage for smartphone manufacturers.

TSMC's profit increased by 58%, significantly exceeding analyst expectations.