USSTOCK.TODAY
Pre-Market
Log in Sign up

Intel continues participation in Elon Musk's TeraFab project despite discussions on TSMC cooperation

Investing.com +4 ·

INTC Intel Corp
$112.50 -3.18%
View chart & analysis →
TSM -0.72% TSLA +0.51% SPCX +0.49%
  1. 1Intel is continuing the TeraFab project with Elon Musk, which aims for advanced semiconductor production.
  2. 2Intel signed a contract to participate as a development partner for TeraFab last April.
  3. 3TeraFab plans to build two factories to achieve its annual computing capacity goal of 1 terawatt.

So what's the key point?

Intel is moving forward with a project to manufacture semiconductors alongside Elon Musk. This project aims to build two factories to reach an annual computing capacity of 1 terawatt.

Source Investing.com +4 · View original ↗

Related 3-line summaries

Tesla Q3 vehicle deliveries beat Wall Street estimates Nasdaq +1 · 44m agoNasdaq Composite hits record high, S&P 500 nears new record MarketWatch +2 · 20h agoNio expands battery swapping network through Tesla-style infrastructure strategy Nasdaq +1 · 21h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news