Intel (INTC) is joining a new effort aimed at scaling global chip production to meet rising demand from AI and robotics.
In a new post on X, Intel says it will participate in the Terafab project alongside SpaceX, xAI, and Tesla, a collaboration focused on rethinking how silicon fabrication is designed and deployed at scale.
The initiative targets a massive increase in compute output, with a goal of producing one terawatt (TW) per year of capacity.
“Intel is proud to join the Terafab project with SpaceX, xAI and Tesla to help refactor silicon fab technology. 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.”
The partnership positions Intel within a broader push to expand infrastructure supporting next-generation AI systems, where compute availability is emerging as a central constraint.
Shares of Intel rose following the announcement, with INTC gaining 4.19% on Tuesday. INTC is currently worth $52.91 per share.
In March, Elon Musk unveiled Terafab, an initiative backed by SpaceX, xAI and Tesla that plans to build the largest manufacturing chip facility. According to Musk, Terafab will combine logic, memory and advanced packaging under one roof.
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