Intel Stock Jumps on Partnership with Elon Musk's Terafab Project
Intel's stock saw a significant jump after the company announced its collaboration with Elon Musk's Terafab chip-building project, which involves SpaceX, xAI, and Tesla.
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Intel stock jumps after it joins Elon Musk's Terafab chip-building moonshot
Intel Xavi Torrent/Getty Images Intel is teaming up with Elon Musk to help with his Terafab chip project. The chipmaker's stock jumped after it announced the partnership with SpaceX, xAI, and Tesla. Musk previously said the giant chip factory will produce chips for robotaxis, robots, and data centers in space. Elon Musk's chipbuilding megaproject has a new partner: Intel. The US chipmaker said on Tuesday it would join SpaceX, xAI, and Tesla to help build Terafab, an ambitious plan to constr...
Read full article →Intel joins Elon Musk’s Terafab AI chip complex project in Texas
Intel (INTC.O) said on Tuesday it would join Elon Musk’s Terafab AI chip complex project along with SpaceX, Tesla (TSLA.O) and xAI. Last month, Musk said his rocket company SpaceX – which recently merged with his social media and artificial intelligence company xAI – and EV firm Tesla would build two advanced chip factories at […]
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