Applying strong pressure on Apple and Nvidia, the White House is pulling out all the stops to support Intel.

At the same time as Apple negotiations ... direct action—converting $9 billion of federal subsidies into a 10% equity stake in Intel, making it its largest shareholder. This move quickly produced a demonstration effect. In September last year, Nvidia announced a $5 billion investment in Intel and purchased custom data center chips. Nvidia CEO Jensen Huang called it a "historic" partnership. This April, Elon Musk’s SpaceX announced that Intel would join its "Terafab" manufactu

Musk’s Net Worth Down $407 Billion From Trillion-Plus High as SpaceX Stock Dives - Tesla (NASDAQ:TSLA), S - Benzinga

SpaceX and Tesla are building Terafab in Texas, which will cost over $100 billion. In the last earnings report, Tesla hinted that it will not achieve a positive free cash flow this year because of this project. SpaceX is also investing billions of dollars in its AI business, including xAI, even as Grok faces intensifying competition from leading AI models developed by OpenAI and Anthropic.

UBS Raises Tesla (TSLA) Stock Price Target, Expects Strong Q2 Earnings Beat - TipRanks.com

The analyst stated that the company could also record an IEEPA (International Emergency Economic Powers Act) receivable this quarter, similar to what Ford (F) and General Motors (GM) did last quarter, which could boost gross margins and provide upside to expectations. Meanwhile, Spak is looking forward to several updates, including a long-term vision for robotaxi, Optimus, FSD (full self-driving), and TeraFab.

Apple's Plan to Use Intel for Chip Production Came After White House Pressure [Report] - iClarified

Nvidia announced a $5 billion investment in Intel alongside plans to purchase custom data center chips, while Elon Musk's SpaceX joined Intel's Terafab manufacturing initiative. Intel's contract manufacturing business has faced significant headwinds, reporting $10.4 billion in operating losses over the last four fiscal quarters. To regain industry trust, Tan overhauled the company's reporting structure, consolidated custom chip design efforts, and aggressively recruited execu

SpaceX lists AI1 satellite cooling specs for Starmind data center in space - Notebookcheck News

It has pulled back the curtain on its orbital ambitions a little further, launching a dedicated website for Starmind. The site fleshes out details on the AI1 satellite that will actually build the constellation with up to a million units and will be able to take AI chips from any manufacturer, be it Nvidia or Tesla's Terafab 2 nm foundry itself.

Elon Musk admits he was ‘clearly wrong’ about Anthropic

Terafab was announced by Musk back ... a massive, vertically integrated semiconductor manufacturing project that would provide all the chips the three companies needed for their AI initiatives without needing third-party companies...

WSJ: Trump admin steered Apple, Nvidia, Musk to Intel fabs | AI Weekly

Apple's preliminary deal reportedly points certain Mac and iPhone chips, with iPad Pro and entry-level MacBook Air parts expected to use Intel's 18A node. Nvidia invested $5 billion and pledged to co-develop AI infrastructure with Intel. Intel also joined a planned foundry project with SpaceX and Tesla dubbed Terafab. Take those specifics as reported, not settled: the WSJ describes preliminary agreements, and volume, timing and 18A yield are the parts that actually decide whether Intel

Grok 4.5 Explained: Real-World Use Cases and What's New

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