ASML CEO Christophe Fouquet has a message for anyone hoping the chip shortage era is winding down: don’t hold your breath.
Fouquet stated on May 20 that surging AI demand would leave the chip market “supply-limited for quite a while,” singling out Elon Musk’s TeraFab initiative as a force that could further strain an already stretched global chipmaking ecosystem.
TeraFab: Musk’s $119 billion bet on silicon
TeraFab is Musk’s vision for a massive chip fabrication facility in Texas, designed to produce the advanced semiconductors his empire increasingly depends on. The project could require an investment of up to $119 billion, a figure that would make it one of the most expensive industrial undertakings in history.
The facility is intended to serve the AI and robotics needs of Tesla, xAI, and SpaceX.
