Musk confirms Terafab in talks with TSMC over Texas chip plant

· Tech · United States · Taiwan

Elon Musk confirmed that Terafab, the chipmaking venture backed by SpaceX and Tesla, is in discussions with TSMC. The confirmation followed a report that the Taiwanese foundry is looking at running new chip factories in Texas.

Why it matters：Talks over a new chip plant in Texas could affect where advanced chips are produced and the associated costs and supply chain dynamics.

Key points

  • Terafab is backed by SpaceX and Tesla
  • The talks follow a report that TSMC is looking at new fabs in Texas

Sources (original reporting)

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