News/Deal/Apr 7, 2026

Intel joins Elon Musk's Terafab chip project with SpaceX, xAI and Tesla

Intel said it will help Elon Musk's Terafab project in Austin, Texas, with chip design, fabrication and advanced packaging. Terafab's stated goal is 1 terawatt of compute per year, and the partners named are SpaceX, xAI and Tesla. No contract value was disclosed, so the financial weight for Intel is unknown.

  • Partners: SpaceX, xAI and Tesla
  • Intel's role: chip design, fabrication and advanced packaging
  • Terafab's stated goal: 1 terawatt of compute per year
  • No contract value or Intel investment amount disclosed in the coverage
INTC around the story · hourly24 h reaction ▲ 11.12%
50.2756.3962.51Intel joins Elon Musk's Terafab chip project with SpaceX, xAI and Tesla1Apr 3Apr 5Apr 7Apr 9Apr 11
Source
Engadget
Apr 7, 2026
Read the original ↗