Elon Musk unveils $20 billion Terafab chip manufacturing project to produce terawatt of computing
Elon Musk announced plans for Terafab, a $20 billion chip manufacturing facility in Austin, Texas, designed to produce chips for Tesla and SpaceX. The project aims to generate a terawatt of computing power annually, with most capacity dedicated to space-based AI. Analysts remain skeptical, estimating the full vision could require $5 trillion to $13 trillion in capital spending.