Intel CEO Lip-Bu Tan announced that the company will work closely with Elon Musk to support the Terafab project. The initiative involves a joint chip development and fabrication effort by SpaceX and Tesla. A photo shows the executives shaking hands last weekend.
Intel CEO Lip-Bu Tan stated on Tuesday that the chipmaker will “work closely” with Elon Musk on the Terafab project. This venture aims to create a 1-terawatt, ultrahigh performance chip-fabrication facility, potentially spanning multiple locations and costing billions of dollars. The project is being jointly developed by SpaceX and Tesla to advance ambitious semiconductor goals tied to artificial intelligence efforts. Intel’s official X account posted a photo last weekend depicting Tan and Musk shaking hands in front of a large Intel sign, signaling the start of their collaboration. The partnership comes amid Musk's push for cutting-edge chip production to support his companies' needs in AI and beyond. Details on Intel’s exact role remain limited, with the facility's scale highlighting its potential significance in the semiconductors industry.