He described Tesla as operating the research fab, while SpaceX would handle the early-stage buildout for the Terafab—an approach that suggests a pilot-line model intended to validate technical feasibility and economics before scaling to full industrial volumes.
Hanmi Semiconductor will invest 50 billion won in SpaceX to secure equipment supply for Terafab, a $119 billion semiconductor plant in Austin, Texas, the company said Monday.
Elon Musk is set to speak virtually at ASML's internal tech conference about the Terafab project, a large-scale chip facility for Tesla and SpaceX, with SpaceX IPO pricing expected later on June 11, 2026.
He has described such a merger as the “holy grail” for Musk, as it would allow him to better own and control the broader AI ecosystem. Ives has pointed to existing operational connections between the two companies, including the joint Terafab facility in Austin, as evidence that the groundwork for integration is already being laid.
SpaceX targets AI chip independence with US$119 billion Texas Terafab · Hanmi Semiconductor strengthens ties with India amid Micron facility launch · Hanmi Semiconductor leans into EMI shielding as satellite and 6G demand grows · Musk accelerates SpaceX IPO to build Starlink-based space data centers ·
The latest is the Local Control Protection Act, proposed by Rep. Rob Bresnahan (R-PA), which would somewhat constrain data centre buildouts while enhancing community benefits. It’s notable that the Rep. comes from Pennsylvania which was once very gung-ho about data centres even as little back as a year ago. Musk, ASML, Terafab. Elon Musk is expected to appear at an ASML event after confirmations last month that he is in discussion with the Dutch chipmaking firm over Terafab.
TrendingJensen Huang SuperAI AI Search NTN Convergence Inference Era AI Advanced Packaging · Trending · SUBSCRIBE · CONNECT WITH US · Home Tech Semiconductors · Sherri Wang, DIGITIMES, Taipei Jun 12, 2026, 11:22 0 · Credit: AFP · Elon Musk's planned Terafab chipmaking project has taken an early equipment-sourcing step, with South Korean equipment maker HPSP reportedly receiving a purchase order for high-pressure hydrogen annealing equipment.
The interchangeable chipset is a big deal here because it's how the company aims to address market challenges that could effectively hold back the project. SpaceX previously reported, as shared by Tom's Hardware, that it couldn't supply enough chips for this very same orbital project, which is part of a joint venture with Tesla and its TeraFab solution.
SpaceX recently secured a property tax exemption for a planned $55 billion AI and semiconductor facility — dubbed Terafab — in Grimes County, further north of Austin, signaling a long-term commitment to building a technology and aerospace ...
The applications call for creation of 4,234 jobs and tout benefits for the state through the project's long-term economic impact and tax revenue. Grimes County residents oveflow a hearing last week in Grimes County on SpaceX's proposed Terafab chipmaking plant.
The two firms and Intel are partnering on Terafab to design, build, and scale up a new set of AI microchips for use in Tesla’s Optimus robots and trucks, as well as SpaceX’s planned orbital data centers.
Nathan Jensen, a professor in the department of government at the University of Texas at Austin, noted that details to verify compliance with the Grimes County deal are slim and that there is a clause that allows SpaceX to challenge its tax appraisal. In what Jensen describes as a “shocking oversight,” the agreement documents don’t specify wage standards for jobs created. In its new applications, Terafab AI notes that it has explored sites in Arizona, New Mexico and Nevada.
The addition of Terafab, a chip manufacturing initiative with Tesla and Intel, aims to further extend our vertical integration to chip design and manufacturing to alleviate potential future chip shortages at SpaceX, optimize compute performance, ...
With ASML holding a monopoly on EUV lithography — the only technology capable of printing the most advanced chip circuits — the Terafab narrative places the Dutch equipment maker squarely at the center of the next wave of AI-driven semiconductor ...
Elon Musk is expected to put ASML's annual technology conference firmly on investors' radar on Thursday, as he appears virtually to discuss Terafab, his proposed semiconductor manufacturing venture aimed at supplying chips for Tesla TSLA and SpaceX.
Jun 11, 2026, 4:11 AM ETASML Holding N.V. (ASML) Stock, SPCX Stock, TSLA StockINTCBy: Preeti Singh, SA News Editor ... Elon Musk is expected to appear virtually at ASML's (ASML) annual technology conference on Thursday, where he is expected to discuss Terafab, his proposed semiconductor manufacturing venture aimed at supplying chips for Tesla (TSLA) and SpaceX.
ASML’s involvement is the detail that gives this project credibility. The Dutch company holds a monopoly on extreme ultraviolet (EUV) lithography machines, the equipment required to manufacture chips at the most advanced process nodes.
ASML’s involvement is the detail that gives this project credibility. The Dutch company holds a monopoly on extreme ultraviolet (EUV) lithography machines, the equipment required to manufacture chips at the most advanced process nodes.
At the time, Musk said that if ... · He went on to confirm plans to build a semiconductor plant in Austin, Texas, in March 2026, with the site set to be adjacent to Tesla’s headquarters and run as a joint venture between ...
ASML is the sole provider of a machine necessary for manufacturing leading-edge chips for AI, making it a likely supplier to Musk's planned Terafab chip plant.