SpaceX moves to build a $55B Terafab chip facility in Texas, a major venture with Tesla and xAI to meet soaring chip demand.
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Terafab aims to revolutionize semiconductor manufacturing, overcoming supply shortages to meet Musk's ambitious tech demands.
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Elon Musk is pushing forward with plans for Terafab, a semiconductor manufacturing initiative led by SpaceX, starting with a $55 billion investment in Texas.
The facility, to be located near the Gibbons Creek Reservoir, would produce advanced 2-nanometer chips and could scale to $119 billion in total capital spending across multiple phases.
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