Intel signs on to Elon Musk's Terafab chips project
TechCrunch • • business
Key Points:
- Intel will join SpaceX and Tesla in building a new U.S. semiconductor factory in Texas, aiming to support AI, robotics, and autonomous vehicle technologies, though the exact scope of Intel's involvement remains unclear.
- Elon Musk previously announced a collaboration between SpaceX and Tesla to develop chips for AI compute, satellites, and a potential space data center, but lacked experience in semiconductor fabrication.
- Intel, seeking large anchor customers for its foundry business, will likely lead the complex and costly chip manufacturing process, a shift from SpaceX and Tesla's initial ambitions to build the fab themselves.
- Intel's involvement signals a return to prominence in U.S. chip production, as it competes with fabless rivals like Nvidia and AMD, and its stock rose nearly 3% following the announcement.
- Neither Intel nor SpaceX provided further comments on the partnership when approached by media.
 { path { fill: %23EEEFE9 } })
