Elon Musk's Terafab Chip Factory in Texas Could Cost Up to $119 Billion
Elon Musk's Terafab chip manufacturing project in Texas is expected to cost $55 billion in its first phase and up to $119 billion for full development, according to a public hearing notice. The facility, to be jointly built by SpaceX, Tesla, and xAI, aims to produce chips for these companies and will include Intel's involvement in design and fabrication. The project is seen as a long-term strategy to vertically integrate chip production.
Topics: Capital Investment Chip Manufacturing Elon Musk Intel SpaceX Terafab Tesla Texas xAI