TSMC Anchor Deal

TSMC and Musk-controlled companies move from talks to a framework agreement, with TSMC likely serving as the process-technology and fab-operations partner rather than simply licensing know-how. This is the most likely path because TSMC gains a major U.S. AI customer base while Tesla and SpaceX reduce dependence on Asian foundry capacity.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.