Tesla and SpaceX confirmed Terafab, their ‘largest-ever’ chip fab, will rise in Grimes County, Texas, with a $16.8 billion first phase and 100M sq ft.

Facility will employ 3,000 people from neighboring counties

TeraFab plans a $55B semiconductor fab in Grimes County, Texas, serving Tesla, SpaceX, Intel, and xAI with one terawatt of annual processing