Elon Musk launches Terafab chip plant in Austin to fuel AI ambitions across Tesla and SpaceX
Elon Musk unveiled plans for Terafab, a chip manufacturing facility in Austin, Texas, aimed at producing AI chips for Tesla, SpaceX, and xAI. The project targets producing chips to support 100 to 200 gigawatts of computing power on Earth and a terawatt in space. Musk cited insufficient supply from existing semiconductor industry partners as the driving force behind building his own fabrication plant.