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    Home»Money»Intel Stock Jumps After It Joins Elon Musk’s Terafab Moonshot
    Money

    Intel Stock Jumps After It Joins Elon Musk’s Terafab Moonshot

    Press RoomBy Press RoomApril 7, 2026No Comments1 Min Read
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    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 construct a series of enormous semiconductor fabs to produce chips for robotaxis, humanoid robots, and solar-powered data centers in Space.

    “Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics,” Intel wrote in a post on X.

    The company posted an image of Musk with Intel CEO Lip-Bu Tan, and said that Musk had visited Intel over the weekend.

    Intel’s share price was up nearly 5% in early trading.

    This is a breaking news story. Check back for updates.

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