Intel to keep working on Musk's Terafab chipmaking venture, Bloomberg News reports

Intel

07/10/2026 06:11

Oct 7 (Reuters) - Intel Corp INTC.O will continue to work with Elon Musk on his Terafab project, Bloomberg News reported on Wednesday.
Here's what to know:
Intel will remain involved in the project, CEO Lip-Bu Tan told Bloomberg ahead of an event in Tokyo marking the US chipmaker's 50th year of operations in Japan.
Intel and Tesla did not immediately respond to requests for comment outside regular business hours.
Last week, Tesla TSLA.O and SpaceX SPCX.O CEO Elon Musk said on X that there were discussions over potential cooperation between Taiwan chip major TSMC 2330.TW and his chipmaking project, Terafab.
Responding on X to a screenshot of an article headlined "TSMC Exploring Plans to Work With Elon Musk's TeraFab," Musk wrote on Saturday: "Just discussions, but something may come of it".
A potential involvement by TSMC could likely challenge Intel's role in Terafab, as Musk weighs partners for the chipmaking venture.


 (Reporting by Disha Mishra in Bengaluru; Editing by Janane Venkatraman)
 ((Disha.Mishra@thomsonreuters.com))