Tesla plans $119B investment in Terafab chip manufacturing facility
Crypto Briefing
Elon Musk aims to build an ambitious $119 billion vertically integrated semiconductor facility named Terafab to support his various technology ventures.Summary
Elon Musk has proposed an ambitious semiconductor manufacturing project named “Terafab,” which could reach an investment of $119 billion. The facility aims to be a vertically integrated operation, handling everything from chip design to packaging in one location, to support Tesla, xAI, and SpaceX hardware needs.
While the initial phase is estimated at $55 billion, a smaller $3 billion pilot fab at Giga Texas will serve as a testing ground. Grimes County, Texas, is currently the primary candidate for the main facility, which aims to produce 1 terawatt of chips annually. Intel is reportedly being considered as a potential partner for this massive undertaking.
(Source：Crypto Briefing)