SpaceX may spend up to $119B on 'Terafab' chip factory in Texas
TechCrunch • • business
Key Points:
- SpaceX, along with Elon Musk's AI company xAI, is considering an initial $55 billion investment to build a semiconductor factory in Grimes County, Texas, with total costs potentially reaching $119 billion.
- The proposed facility, called "Terafab," aims to be a multi-phase, vertically integrated semiconductor and advanced computing fabrication plant to support AI servers, satellites, SpaceX's space data center, and Tesla's autonomous vehicles and robots.
- Tesla and Intel are partnering with SpaceX on the project to develop chips that meet the growing demands for artificial intelligence and robotics.
- Musk has emphasized the necessity of Terafab to meet chip production needs, projecting the factory will eventually produce enough chips to provide 1 terawatt of power annually.
- Despite the focus on Grimes County, Musk indicated that several other locations are also being considered for the semiconductor factory.
