Too many stars? Musk calls for cutting back on SpaceX’s favorite name.
Elon Musk is considering a Grimes County site near College Station for a massive semiconductor manufacturing complex called Terafab.
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Elon Musk is considering a Grimes County site near College Station for a massive semiconductor manufacturing complex called Terafab.
Intel (NASDAQ:INTC) stock has had no shortage of catalysts driving its amazing comeback over the past year. A partnership with Nvidia, a U.S. government equity stake, and the newly formed Terafab initiative have all helped propel the shares more than 500% higher over the last twelve months.
At Intel he spent nearly 18 years, most recently running its cutting edge 18A process. That covered tool installation and factory ramp, exactly the skill Tesla lacks. Terafab is Tesla's chip fab project with SpaceX and Intel, announced in March.
The initiative aims to build a ... The project is designed to combine chip design, lithography, fabrication, memory production, advanced packaging, and testing under one roof to accelerate development cycles....
Early this year, SpaceX acquired xAI, his artificial intelligence startup, which is now working with Tesla Inc. and SpaceX on a massive computer chip-making facility Musk has dubbed Terafab.
NAVASOTA — Forget Big Brother, it’s Big Tech that is very much on the mind of Grimes County residents who are still seething over their elected officials approving tax abatements for the proposed SpaceX Terafab facility at Gibbons Creek Reservoir.
Tesla Ropes In Intel Veteran To Lead Elon Musk’s Ambitious Terafab Project · Anan Ashraf·1h ago · ABVX Stock Clocks Best Day In 11 Months On Analyst Upgrades After Fresh Data Eases Drug Safety Concerns · Anan Ashraf·2h ago · SpaceX Is ‘Much More Of An AI Play’ Than A Space Company, Says Dan Ives — Here’s The Bull Case ·
Tesla and SpaceX announced the “Terafab” project in March, pitching a facility on the North Campus of Giga Texas that would consolidate chip design, lithography, fabrication, memory, advanced packaging, and testing under one roof.
Terafab is the in-house semiconductor venture Tesla and SpaceX unveiled on March 21 at a livestreamed event from the defunct Seaholm Power Plant in Austin, where Chief Executive Officer Elon Musk called it “the most epic chip building exercise in history by far.” · The plan is to consolidate chip design, lithography, fabrication, memory, advanced packaging and testing under one roof, so that new chip revisions can be produced and tested in days rather than the months a conventional supply chain
Terafab is a joint venture between Tesla, SpaceX, and xAI announced by Elon Musk on March 21, 2026, in Austin. The project's stated ambition is sweeping: integrate every stage of semiconductor production under one roof — chip design, lithography, fabrication, memory production, advanced packaging, and testing — targeting an annual output of one terawatt (one trillion watts) of computing power.
Tesla Ropes In Intel Veteran To Lead Elon Musk’s Ambitious Terafab Project · Stocktwits · ABVX Stock Clocks Best Day In 11 Months On Analyst Upgrades After Fresh Data Eases Drug Safety Concerns · Stocktwits · SpaceX Is ‘Much More Of An AI Play’ Than A Space Company, Says Dan Ives — Here’s The Bull Case ·
Tesla Ropes In Intel Veteran To Lead Elon Musk’s Ambitious Terafab Project · Anan Ashraf·9m ago · ABVX Stock Clocks Best Day In 11 Months On Analyst Upgrades After Fresh Data Eases Drug Safety Concerns · Anan Ashraf·18m ago · SpaceX Is ‘Much More Of An AI Play’ Than A Space Company, Says Dan Ives — Here’s The Bull Case ·
CEO Elon Musk has said 10 million Optimus units per year are planned for the Texas site at full capacity. Moravy himself confirmed in May that the next-generation Roadster will also be built at the plant, adding at the time that owners would “start to see a lot of things unfold in the next months.” · Travis County site plans filed by Tesla in March outlined further expansion, including a new Terafab North Campus dedicated to next-generation AI chip research and production, and an additional 5.2
Reuters reported in May that SpaceX ... for Terafab, a Texas semiconductor facility meant to support in-house chip production for AI, robotics, and data centers. That strategy points to a much larger ambition.
Tesla Ropes In Intel Veteran To Lead Elon Musk’s Ambitious Terafab Project · Anan Ashraf·2h ago · ABVX Stock Clocks Best Day In 11 Months On Analyst Upgrades After Fresh Data Eases Drug Safety Concerns · Anan Ashraf·2h ago · SpaceX Is ‘Much More Of An AI Play’ Than A Space Company, Says Dan Ives — Here’s The Bull Case ·
Dozens of Grimes County residents packed the Navasota Center Monday evening for a listening session focused on the proposed $55-119 billion Terafab chip manufacturing facility.
MUCH higher production is needed.” He has previously said Tesla could be limited by chip supply, noting that “memory is an even bigger limiter than AI logic.” To address the issue, Musk announced the Tesla Terafab joint project with SpaceX and Intel, a multibillion-dollar initiative to build a chip facility combining logic, memory, and advanced packaging under one roof.
Tesla Ropes In Intel Veteran To Lead Elon Musk’s Ambitious Terafab Project · Anan Ashraf·2h ago · ABVX Stock Clocks Best Day In 11 Months On Analyst Upgrades After Fresh Data Eases Drug Safety Concerns · Anan Ashraf·2h ago · SpaceX Is ‘Much More Of An AI Play’ Than A Space Company, Says Dan Ives — Here’s The Bull Case ·
Tesla has already invested $2 billion in SpaceX common stock, and SpaceX’s prospectus outlines a collaboration with Tesla on Terafab, with a long-term goal of one terawatt of annual compute production capacity.
While ASML stock won’t mirror GPU-like upside in a single year, it can compound through cycles as fabs standardize on EUV/High-NA and as installed base services scale with wafer starts and uptime requirements. Sources: ASML investor materials; industry coverage from SEMI and major sell-side research. Industry proposals such as the $55 billion “Terafab” concept aim to massively scale wafer capacity for AI-era demand, positioning EUV and High-NA at the center.