Elon Musk Engaged in Direct Talks With ASML for $119B Texas Chip Plant

ASML CEO Christophe Fouquet confirmed direct discussions with Elon Musk regarding the proposed TeraFab chip manufacturing facility, which could cost up to $119 billion. The project aims to support AI infrastructure and autonomous systems but may further strain an already tight global semiconductor market.

By John Potter Sun, June 7, 2026 at 11:01 PM GMT+3 6 min read · Yahoo Finance · June 7, 2026, 20:01 UTC

Elon Musk Engaged in Direct Talks With ASML for $119B Texas Chip Plant

Tickers: $ASML $TSLA

Topics: AI infrastructure ASML Elon Musk semiconductors Tesla

Read the full article at Yahoo Finance

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