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Musk says Tesla, SpaceX to build advanced chip manufacturing facility [FOX Business Network]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Billionaire Elon Musk said that Tesla and SpaceX will build an advanced chip facility in Austin, Texas, to help power the two companies' emerging technologies amid a shortage of chips. "Terafab will technically be two fabs, each making only one chip design," Musk wrote Sunday in a post on X. One of Terafab's facilities will be focused on AI chips for Tesla's electric vehicles and Optimus humanoid robots, while the other will be focused on AI chips for space-based data centers made by SpaceX. Musk said that the Terafab chips will be necessary to meet his companies' demand for computing power that exceeds what it can obtain from suppliers. "We either build the Terafab or we don't have the chips," Musk said during a presentation in an Austin facility on Saturday, adding that current global chip production would meet only a small fraction of his companies' future needs. Musk thanked the companies' existing chip suppliers , including Samsung, TSMC and Micron, but said that the d
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