After three sessions, SpaceX already among world's most valuable companies
In May, SpaceX announced plans to invest $55 billion to build a "Terafab" semiconductor factory in Texas, producing chips for AI and robotics.
All 3500 headlines in chronological order — Page 78
In May, SpaceX announced plans to invest $55 billion to build a "Terafab" semiconductor factory in Texas, producing chips for AI and robotics.
It's an important development, as it further validates Musk's intent with the Terafab initiative and ASML's role in facilitating it. As a reminder, ASML is the only company in the world that makes extreme ultraviolet (EUV) lithography machines that chip manufacturers use to make artificial intelligence (AI) chips and others.
British semiconductor giant to operate at former 3M campus · SpaceX campus here could become bigger than Tesla gigafactory · Musk-linked entity buys likely Terafab site near College Station
Musk officially unveiled plans for Terafab in March, a project aimed at bringing every stage of chip production, including design, fabrication, and advanced packaging, under one roof to produce more than 1 terawatt of AI computing capacity per year.
SpaceX only added this division earlier this year when it acquired xAI, another company founded by Elon Musk. The AI division encompasses the social media platform X, the Grok intelligence platform, the company's data centers, and a planned terafab facility built in partnership with Tesla and Intel.
In May, SpaceX announced plans to invest $55 billion to build a "Terafab" semiconductor factory in Texas, producing chips for artificial intelligence as well as robotics.
Musk announced in February that SpaceX would acquire xAI, a step in his plan to launch solar-powered, satellite-based data centers to run future AI models. In May, SpaceX announced plans to invest $55 billion to build a "Terafab" semiconductor factory in Texas, producing chips for artificial intelligence as well as robotics.
In May, SpaceX announced plans to invest $55 billion to build a "Terafab" semiconductor factory in Texas, producing chips for artificial intelligence as well as robotics.
Industry Leadership: ASML's extreme ultraviolet (EUV) lithography systems provide essential technological support for companies like TSMC and Intel in manufacturing advanced chips, further solidifying its leadership position in the global semiconductor equipment market.
Click to expand... I could see this happening. Alphabet is going to have Intel make TPU's for them. And Intel will be working with SpaceX on their Terafab to make chips based on Intel's 14A process. ... I’ll take the TSMC flavor please.
Additionally, Musk’s two companies are already deeply intertwined through shared semiconductor fabrication at their joint TERAFAB facility in Austin, cross-company supply chain transactions, and Tesla’s $2 billion investment in xAI prior to the SpaceX-xAI merger.
We cannot provide a description for this page right now
Tesla and xAI already collaborate on Tesla's Full Self-Driving technology, and xAI's Grok is integrated into Tesla vehicles and Optimus robots. Meanwhile, xAI buys energy storage systems from Tesla, and the companies are collaborating on a chip manufacturing initiative called Terafab.
Musk estimates all existing chip fabs produce just 2% of SpaceX's future computing needs, driving plans for Terafab and orbital data centers. Intel, Tesla, CoreWeave, and GlobalFoundries top SpaceX's possible acquisition list as it builds ...
The foundry business is just beginning with their large Terafab announcement as well as overflow demand from the great N3 shortage. To truly capitalize on this special moment, Intel must be the great supplier of the rest of the industry hungry for leading edge wafers.
The Stock Has Already Reacted by ... Musk’s $55B Terafab Push Puts ASML Stock at the Center of the AI Chip Supply Race by TipRanks Jun 07, 2026 4:48am ET The Week That Was, The Week Ahead: Macro and Markets, June 7 by TipRanks Jun 06, 2026 11:02am ET TSMC Options Flash Volatility ...
Given its importance to Terafab and its fantastic results, it may not come as much of a surprise, then, that Musk boasted about the company. Recently, in a post on social media, he said, "ASML should be treasured and supported.
Alongside these efforts, SpaceX is leading Terafab, a $119 billion semiconductor manufacturing facility in Austin, Texas, being built as a joint venture with Tesla, xAI, and Intel. The facility is designed to produce two types of chips: an edge-inference processor for Tesla’s vehicles and Optimus robots, and a radiation-hardened variant for SpaceX’s orbital AI satellites...
This is something we will try to do and believe we can probably do: by the end of next year, achieving an annualized rate of about 1 gigawatt in space AI computing power. Then, from a vision standpoint, scaling up an order of magnitude each year. That is, in two and a half years, achieving an annualized 10 gigawatts in space. In three and a half years, perhaps 100 gigawatts. Then, depending on global chip manufacturing and TeraFab's progress, continuing to exceed that scale, reaching 1 tera
Foxconn is partnering with Apple and Nvidia on large server and supercomputer manufacturing facilities near Highway 249 and Beltway 8, while Sugar Land-based Applied Optoelectronics has been expanding in Sugar Land, Missouri City and Pearland. Elon Musk's semiconductor joint venture Terafab has secured an economic incentive package from Grimes County for a semiconductor manufacturing campus northwest of Houston.