Semiconductor · TechCrunch AI
Intel signs on to Elon Musk's Terafab chips project
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Intel will join SpaceX and Tesla in an effort to build a new U.S. semiconductor factory in Texas, although the scope of its contributions are unclear.
Key facts
- It was trading at $52.28, about 2.9% higher than its opening bell price, at 2 p.m
- Their ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics
- However, building a chip fab is one of the most difficult and expensive corporate infrastructure projects out there, typically requiring years of time and more than $20 billion to create a facility
- Elon Musk announced in March a team-up between the two tech companies he leads to develop chips for AI compute, satellites, and SpaceX’s mooted space data center and to support the possibility
Summary
“Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics,” Intel said in a corporate post on X. Elon Musk announced in March a team-up between the two tech companies he leads to develop chips for AI compute, satellites, and SpaceX’s mooted space data center and to support the possibility of autonomous Tesla vehicles and robots. However, building a chip fab is one of the most difficult and expensive corporate infrastructure projects out there, typically requiring years of time and more than $20 billion to create a facility with a huge clean room for thousands of ultra-precise machines to carve silicon. Now they have a better idea: Intel will do it.