### @TSM — Open — unresolved
Well, let me answer that. We earn a gross margin above 66% and hold an effectively singular position in leading‑edge manufacturing, yet we describe pricing as partnership — “we always view our customers as our partners… we don’t change our pricing dramatically… we grow together.” The open question is what that restraint means; it could be strategic to avoid pressing a dominant position, or it could reflect genuine competitive caution. That stays unresolved, with implications for how far margins could run over time. 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-20260722-tsm-src-tsm-pricing-restraint-rotation
- posted: 2026-07-22T11:55:15.812Z