Intel to Keep Working on Musk’s Terafab Chipmaking Venture, Bloomberg News Reports
- On Wednesday, Intel CEO Lip-Bu Tan confirmed the company remains involved in Elon Musk's Terafab project during an event in Tokyo celebrating Intel's 50 years of operations in Japan.
- Intel signed on in April as Terafab's first partner to design and package chips, while SpaceX and Tesla committed $16.8bn to the project in Grimes County, Texas.
- Reports surfaced last week regarding potential cooperation between Musk's project and TSMC; Musk wrote, "Just discussions, but something may come of it," addressing the speculation.
- Tan's comments provide clarity following reports that Intel's work on Terafab was not making progress, reaffirming the company's role alongside Tesla and SpaceX.
- Musk envisions the plant producing one terawatt of computing power annually, with Terafab potentially serving as an anchor customer for TSMC's prospective Texas campus.
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Intel will stay on Musk’s Terafab chip project, CEO tells Bloomberg
Intel will keep working with Elon Musk on Terafab, his project to make advanced chips in Texas, chief executive Lip-Bu Tan told Bloomberg. Tan made the comments before a Tokyo event on Wednesday celebrating 50 years of Intel’s operations in Japan. His comments come after a week of reports that Taiwan’s TSMC, the world’s largest contract […] This story continues at The Next Web
(Seoul = Yonhap News) Reporter Jung Joo-ho = Intel CEO Lip Vu Tan intends to continue participating in Elon Musk's semiconductor manufacturing business 'TerraFab'...
Intel to Keep Working on Elon Musk’s Terafab Chipmaking Venture
Intel Corp. will continue to work with Elon Musk on Terafab, an audacious attempt by the trillionaire to break into the production of cutting-edge chips, according to Chief Executive Officer Lip-Bu Tan.
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