Elon Musk says companies will run Terafab independently as Intel affirms partnership
Elon Musk announced that his own business empire will build and operate the Texas-based Terafab chip facility, ruling out an operational takeover by TSMC while Intel reaffirmed its manufacturing role.
Elon Musk stated that his business empire will build and operate the Texas Terafab chipmaking venture independently, quashing speculation that industry leader Taiwan Semiconductor Manufacturing Co. would step in to manage or operate the complex.[2][5][6][10][11]
The project has committed $16.8 billion to its first phase alone, with the facility intended to manufacture semiconductors powering Tesla, SpaceX, and xAI. While ruling out TSMC running the site, Musk left open the possibility of a cleanroom sublease at the Texas facility.[2][4][7][10]
Intel also confirmed it remains committed to the venture. Intel Chief Executive Officer Lip-Bu Tan said the chipmaker will continue working with Musk on Terafab, with Intel reaffirming its 14A process node deal to maintain its strategic foothold in the competitive AI chip manufacturing sector.[1][3][4][8][9][10]
Key facts
- Elon Musk stated his companies will build and operate the Terafab chipmaking venture in-house, ruling out any operational role for TSMC.
- Intel CEO Lip-Bu Tan confirmed that Intel will continue working with Musk on the Terafab project.
- $16.8 billion has been committed to the first phase of the Terafab project in Texas.
- The Terafab facility is planned to supply semiconductors for Tesla, SpaceX, and xAI.
- Intel reaffirmed its 14A process node deal tied to the Terafab venture.
- Musk floated the possibility of a cleanroom sublease at the Terafab facility.
Sources · 9 sources
- CB
Crypto BriefingArticle ·
Intel stays on board with Elon Musk’s Terafab chip venture Intel's continued involvement in Terafab highlights its strategic positioning in the competitive AI chip market, impacting future tech landscapes. The post Intel stays on board with Elon Musk’s Terafab chip venture appeared first on Crypto Briefing .
Open source - QU
Quartz@qzPost on X ·
Musk's Terafab won't be run by TSMC — his companies will do it themselves Elon Musk is clarifying the terms: his own companies will build and operate Terafab, the Texas chip facility meant to power Tesla, SpaceX, and xAI — with TSMC potentiall #Terafab #ElonMusk #Semiconductors https://t.co/tTZEmAw6Wi
Open source - RE
Reuters@ReutersPost on X ·
Intel to keep working on Musk's Terafab chipmaking venture, Bloomberg News reports https://t.co/sMbOruDkIJ https://t.co/sMbOruDkIJ
Open source - TN
TNW@thenextwebPost on X ·
$16.8B is committed to the first phase alone. Intel says it is staying on Musk's Texas chip project, as reports place TSMC in early talks about the same plant. https://t.co/TVGausYqKb https://t.co/zn7uOHtL8U
Open source - TE
Techmeme@TechmemePost on X ·
Elon Musk says his business empire will build and operate the Texas-based Terafab chipmaking project, explicitly ruling out any operational role for TSMC (@debbywuintaipei / Bloomberg) (Visit Techmeme dot com for the link and full context!)
Open source - BL
Bloomberg@businessPost on X ·
Elon Musk said his business empire will build and operate Terafab independently, quashing speculation about industry leader Taiwan Semiconductor Manufacturing Co. swooping in to run his ambitious chipmaking venture. https://t.co/1fcc3SyvZS
Open source - SB
Shay Boloor@StockSavvyShayPost on X ·
Elon Musk says Terafab will be built & operated in house shutting down speculation that $TSM could run the Texas project while leaving open a sublease. That’s great for $INTC because Musk can use 14A process tech while still controlling wafer capacity needed for $TSLA & $SPCX. https://t.co/MYbstvVSVT
Open source - BL
Bloomberg@businessPost on X ·
Intel will continue to work with Elon Musk on Terafab, an audacious attempt by the trillionaire to break into the production of cutting-edge chips, according to Chief Executive Officer Lip-Bu Tan. https://t.co/GPtBWq3MD0
Open source - MA
MarketWatch@MarketWatchPost on X ·
Elon Musk and Intel CEO shore up chipmaker’s role in Terafab project — and here’s what the news is doing to the stock. https://t.co/6D3Ht6vEVA
Open source - TH
Tom's Hardware@tomshardwarePost on X ·
Musk rejects rumors of TSMC takeover of Terafab — Intel reaffirms 14A node deal as Musk floats cleanroom 'sublease' https://t.co/oNWZ8MzvcP
Open source - RE
Reuters@ReutersPost on X ·
Musk says TSMC won't run Terafab AI chip complex https://t.co/sZoxEOwDZe https://t.co/sZoxEOwDZe
Open source