Intel stock gains after joining Terafab chip project By Investing.com

Investing.com -- Intel (NASDAQ:INTC) shares rose 2% Tuesday morning after the chipmaker announced it joined the Terafab project alongside SpaceX, xAI, and Tesla for chip production. The stock gained following news that Intel hosted Elon Musk over the weekend and confirmed its participation in the collaborative initiative.

Space X Going Public in June. Here's How Musk Will Spend the Money. – HotAir

The idea is to bring the chip production for all of his products-- cars, robots, satellites, spaceships-- in house so he's not reliant on outside companies to supply what he needs moving forward. Last week Musk made a public announcement for the Terafab project and it opened with a discussion of science fiction.

Mini Series: Tesla Chips - A Move That Changes Everything

On March 21–22, 2026, Musk, Tesla, SpaceX, and xAI jointly unveiled Terafab, a massive $20–25 billion semiconductor fabrication plant in Austin, Texas. Billed as “the most epic chip building exercise in history by far,” Terafab isn’t ...

Tesla (TESLA) and SpaceX Plan to Build a New Chip Factory in Texas

Musk said that the businesses must develop the facility to fulfill future chip demand, estimating that the current world supply will only meet approximately 3% of their needs. The Terafab venture is a collaboration between SpaceX, Tesla, Inc.

Giga Texas Terafab Construction Underway: What It Means for Tesla Owners

Announced on March 21, 2026, the Terafab is a joint venture between Tesla, SpaceX, and xAI — and it's being built right on the North Campus of Giga Texas. The ambition is genuinely unprecedented: integrate every stage of semiconductor production ...