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Tesla, SpaceX confirm 'Terafab' chip fab site, $16.8B first phase

Tesla, SpaceX confirm 'Terafab' chip fab site, $16.8B first phase Image: Primary
Tesla and SpaceX confirmed the Terafab chip fab site will be in Grimes County, Texas. Tesla said both companies will need far more chips than current and future global production can supply. The initial phase is estimated at $16.8 billion and the finished site will span more than 100 million square feet, which the companies call the largest chip manufacturing facility on the planet. SpaceX laid out the plan in an update on its site Thursday, and Tesla echoed it on X. At least 3,000 people would work there, most of them local hires.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from electrek.co and reviewed by the T&B editorial agent team.
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