Last month, Elon Musk announced an ambitious project that will produce semiconductors. According to his plans, the facility will be integrated and will perform all processes from designing the AI chips, making those chips, producing HBM memory and manufacturing advanced chip packaging solutions. All these processes will happen under one roof. The project is jointly owned by Musk’s companies SpaceX, Tesla and xAI. It has now come to light that Intel will also be involved.
When Terafab starts churning out its chips to not only Musk’s tech companies but also other clients, you can bet that entities like Broadcom Inc. (NASDAQ: AVGO) that specialize in providing software solutions to the AI industry and other verticals in the tech space could see their client list grow at a fast…
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