Tesla Outpaces Nvidia and Alphabet in August as Musk's $16.8 Billion Chip Complex Advances — BigGo Finance

Tesla shares have gained 12% over the past month, outpacing Alphabet and Nvidia, driven by progress on the Terafab AI semiconductor project in Texas and the upcoming opening of its Nevada Semi factory. Terafab AI signed a tax-value limitation agreement with a Texas school district covering construction from December 2026 through 2028.

Elon Musk’s Terafab: $119B Largest Building on Earth

Few contemporary industrial projects challenge the conventional definition of architecture as dramatically as Terafab, Elon Musk’s proposed semiconductor megafactory in Texas. Conceived through the combined ambitions of Tesla, SpaceX, xAI and Intel, Terafab is not simply another factory designed to manufacture advanced chips.

SpaceX to Build $100 Billion Louisiana Spaceport

Recent ConstructConnect News coverage of the Meta data center expansion in Richland Parish, SpaceX and Tesla’s Texas Terafab plan, and Louisiana’s broader construction market offers additional context on infrastructure demands, workforce competition, and the scale of investment now moving through the region.

SpaceX Bets on NVIDIA Chips for Starmind Orbit AI - Technology Org

With a proposed million satellites from one company alone, experts have flagged collision risk with debris and other spacecraft, and others object to what a cluttered sky does to the night. Eventually Starmind may lean on Terafab, a $119 billion chip manufacturing plant SpaceX is building jointly with Tesla, but NVIDIA carries the near-term timeline.

SpaceX Plans $100 Billion Louisiana Site in Post-IPO Growth Push

The company also has begun construction of a chip factory in Grimes County, Texas, known as the Terafab, that will be key to Chief Executive Officer Elon Musk’s vision of vertically integrating its supply chain and launching orbital data centers.

The real numbers behind Terafab’s job promises

Johnson says the region doesn’t have enough workers to fill all of those construction roles locally, meaning many will likely come from outside the Brazos Valley, including the Dallas, Houston, Austin and San Antonio areas, during the active construction years. But Johnson says those jobs won’t simply vanish once construction ends. He expects Terafab to attract additional development to the region, meaning an estimated 30 to 40 percent of those construction jobs could stick around for future pro

Terafab, Iola | Markets of Tomorrow

Terafab is a proposed vertically integrated semiconductor fabrication campus planned on more than 6,000 acres near the Gibbons Creek Reservoir in Grimes County, Texas, roughly midway between Houston and College Station.

Tesla AI5 Tape-Out: 5x AI4 Power, Optimus Pivot [2026]

Tesla and SpaceX jointly announced a $25 billion Terafab project in Austin in March 2026, with Intel joining the consortium in April 2026. Separately, Samsung’s $73 billion semiconductor program includes capacity earmarked for Tesla, and TSMC’s $56 billion 2026 capex program will absorb additional AI5 wafers.