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TSMC insists on retaining operational control over chip production in talks with Musk Terafab PANews news: TSMC is negotiating cooperation on a project with Elon Musk, but TSMC emphasizes that, in any cooperation arrangement, TSMC must retain operational control over chip production.October 15 TSMC is negotiating cooperation on a project with Elon Musk Terafab but TSMC emphasizes that, in any cooperation arrangement, TSMC must retain operational control over chip production. When asked whether TSMC would participate in Musk's ambitious chip manufacturing plan, TSMC CEO C.C. Wei stated that the company must be responsible for operating the wafer fab. Previously, Musk said last week that TSMC could at most lease capacity and could not be responsible for the factory's production operations. Wei said on the conference call: "We are still discussing this. But I want to emphasize that the wafer fab must be operated by TSMC." In response to speculation that TSMC might participate in operating the factory, Musk previously said that Terafab it would be operated entirely by companies under his control. Apart from confirming that the two sides are in negotiations, neither side has disclosed specific terms of any potential cooperation arrangement. TSMC...