SpaceX and Tesla's Terafab Aims for Volume Chip Production by 2028

AI-generated NewsSnap summary based on source reporting.
Published: 2026-10-21
Category: technology
Source: The Star

Elon Musk announced ambitious plans for Terafab, a joint venture between SpaceX and Tesla, to achieve volume production of cutting-edge chips by 2028. The initiative involves advanced semiconductor manufacturing, including the use of extreme ultraviolet (EUV) lithography machines from ASML, and has seen Intel join the project to accelerate its goals.

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