Elon Musk’s Tesla-SpaceX joint venture, dubbed Terafab, has asked key equipment makers—Applied Materials, Tokyo Electron and Lam Research—for price quotes and delivery timelines on photomasks, etchers, testers and other tools. The team wants to fast-track procurement “at light speed” as it aims to enter advanced chip production.

Intel is collaborating with Elon Musk's Terafab project to build a semiconductor manufacturing facility in Texas. This initiative aims to produce a terawatt of computing power annually for AI systems, supporting advancements in robotics and autonomous vehicles. Intel's participation also strengthens its foundry business in the growing AI market.