Intel to continue working on Musk’s Terafab despite TSMC talks - Bloomberg

What happened: Intel CEO Lip-Bu Tan told Bloomberg Intel will keep working with Elon Musk on Terafab, an advanced semiconductor project. Musk said this week he was in talks with TSMC about collaborating on Terafab. Key numbers: Intel signed on as Terafab's development partner in April. Why it matters: The report comes as speculation about a potential TSMC partnership raised concerns among investors. Terafab is part of a broader global push to expand semiconductor manufacturing capacity for AI-driven demand.

Intel CEO Lip-Bu Tan told Bloomberg Intel will keep working with Elon Musk on Terafab, an advanced semiconductor project. Musk said this week he was in talks with TSMC about collaborating on Terafab.

The report comes as speculation about a potential TSMC partnership raised concerns among investors. Terafab is part of a broader global push to expand semiconductor manufacturing capacity for AI-driven demand.