All 3500 headlines in chronological order — Page 87
But the Gigasat is just a stepping stone. Elon described a longer-term facility called TERAFAB, projected at roughly 100 million square feet — approximately ten times the size of Giga Texas.
Tesla CEO Elon Musk said in April that the company plans to use Intel’s next-generation 14A manufacturing process to produce chips for its “Terafab” project, an advanced AI chip facility envisioned in Austin.
Elon Musk also detailed Terafab — a ~100 million sq ft manufacturing facility projected to be 10× the size of Giga Texas — targeting a staggering 1 TW/year output, double current total U.S.
(NASDAQ: SMCI) bounced 5.64% to $43.99 after falling more than 11% on Friday. The recovery tracked comments from Nvidia Corp. (NASDAQ: NVDA) CEO Jensen Huang, who reiterated that the semiconductor supply crunch is likely to persist for several years as AI infrastructure build-out demand continues to run ahead of capacity.
Elon Musk says @SpaceX's Terafab will be around 100 million square feet, which is 10x larger than Tesla's Giga Texas factory. • Terafab output: 1TW/year • Current annual U.S. consumption: 0.5TW
Tesla CEO Elon Musk said in April that the electric vehicle maker plans to use Intel's next-generation 14A manufacturing process for chips at its Terafab advanced AI chip complex in Austin [2]. SK Hynix, the leading maker of high-bandwidth memory, is separately testing whether its HBM products work reliably with Intel's packaging technology — a secondary validation that strengthens Intel's credibility as a full-service foundry [3].
The news is "evidence that AI's biggest players are racing to diversify a supply chain still heavily concentrated in TSMC," said Jacob Bourne, technology analyst at eMarketer. Since Tan took charge, Intel has secured billions of dollars of investments from the Trump administration, Nvidia and SoftBank. It also landed Tesla as the first major customer for its next-generation 14A manufacturing process to make chips for Elon Musk's Terafab project, an advanced AI chip complex
Terafab represents a collaborative effort between SpaceX and Tesla, first announced in March 2026. The ambitious undertaking seeks to establish a semiconductor manufacturing facility on American soil with a budget exceeding $55 billion.
Tesla CEO Elon Musk said in April that Tesla plans to use Intel’s 14A manufacturing process to make chips for its Terafab project, an advanced AI chip facility planned for Austin.
Key angles include: 1) SpaceX’s Terafab and Anthropic’s upcoming IPO creating competitive pressure and capital allocation shifts for Korean giants like Samsung and SK Hynix (now cheap vs. Micron). 2) Chinese memory chip IPOs (CXMT, Longsys) signaling a domestic DRAM push. 3) Taiwan’s TSMC as the ultimate beneficiary of AI’s hardware arms race, and ASE Technology re-rating beyond traditional OSAT.
Terafab is a joint venture announced ... of at least $55 billion. Because Terafab targets 2nm-class chip production using Intel's 14A process, it has ......
This statement was amplified by the announcement of Musk's virtual participation in ASML's technology conference to discuss the Terafab project, a large-scale semiconductor fabrication facility planned by SpaceX and Tesla, which will rely exclusively on ASML's critical Extreme Ultraviolet (EUV) lithography technology.
The company lost ground to TSMC following years of management difficulties and has been working under CEO Lip-Bu Tan to reverse that trajectory. Intel has secured investments from Nvidia and SoftBank, and last month The Wall Street Journal reported that Intel reached a preliminary agreement to make some chips for Apple devices. Intel has also secured Tesla as a customer for its 14A process node, which will be used to fabricate chips destined for the Terafab ...
Nvidia, AMD, and most other fabless chipmakers outsource production to TSMC. Advertisement|Remove ads. This also includes Apple, which ships around 200 million devices across its ecosystem of iPhones, iPads, Macs, and more. Intel also joined Tesla Inc.’s (TSLA) Terafab project in April this year to make processors to power the EV giant’s robotics and data center ambitions.
Here's what Terafab actually is: A SpaceX-Tesla joint venture to build cutting-edge chips for robotics, AI, and space data centers. Announced in March. A $55 billion chip factory planned in the US.
The Information’s report also follows comments by Tesla CEO Elon Musk in April that the electric vehicle maker plans to use Intel’s next-generation 14A manufacturing process to make chips at its Terafab project, an advanced AI chip complex Musk has envisioned in Austin, Texas.
The latest report comes just weeks after Tesla CEO Elon Musk revealed plans to use Intel's upcoming 14A manufacturing process for chips that will power the company's proposed Terafab project in Austin, Texas.
Musk announced Terafab in March as a SpaceX and Tesla joint venture with an initial $20 billion budget, targeting 2nm production and a terawatt of annual compute for AI, robotics, and orbital data centers. SpaceX has since filed a property tax abatement application in Grimes County, Texas, for a fab costing $55 billion in its initial phases and up to $119 billion if all expansions proceed, with Intel set to contribute its 14A process technology.
Elon Musk’s SpaceX has secured a 100% property tax abatement for its proposed $55 billion Terafab chip manufacturing project in Grimes County, Texas.
By developing its own AI space computing chip facility, Terafab, SpaceX is enhancing its vertical integration and shifting the LEO satellite industry from a purely communication service to a new era of computing services. The global space economy is entering a growth phase as satellite networks, AI infrastructure, and space applications increasingly integrate.