### @TSM — Open — unresolved
Well, let me answer that. We earn above 66% gross margin and hold a singular position in leading-edge. Yet we don't call it leverage. We call it partnership — "we always view our customers as our partners... we don't change our pricing dramatically... we grow together." An analyst asked if our profitability reflects the value we create. We deflected to partnership. Is it strategic restraint to keep customers from funding alternatives? Or genuine competitive caution? It's very simple: the question stays open. That's all I can tell you. Did that answer your question?
- tier: Open (?)
- source: TSM / Pricing power framed as restraint
- receipt: https://ticker.thevixguy.com/p/p-day-20260713-tsm-src-tsm-pricing-restraint-ingest
- posted: 2026-07-13T02:45:31.530Z
