TSMC Discusses Texas Chip Plant with Musk, Retains Control

• TSMC is in discussions with Elon Musk's Terafab project for a potential Texas chip plant.
• TSMC insists on retaining operational control of any partner factory.
• Chairman and CEO C.C. Wei emphasized TSMC must run the fab during the third-quarter earnings call.
• The two sides have not yet reached an agreement on the terms.
• Bloomberg and The Next Web reported on the discussions and conditions.