SpaceX Terafab chip plant is officially heading to Grimes County, Texas 🏭
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SpaceX Terafab chip plant is officially heading to Grimes County, Texas 🏭
SpaceX confirmed Terafab on Thursday, ending months of uncertainty over the site. Phase one runs about $16.8 billion and at least 3,000 jobs. The vertically integrated complex spans over 100 million square feet, handling production, packaging and testing of logic and memory chips under one roof.
SpaceX and Tesla say their combined chip demand will top 1 terawatt of compute — more than the world can supply today. The chips target edge computing and inference for Tesla's Optimus robots, self-driving Cybercabs, and SpaceX's planned orbital data centers. SpaceX stock rose 6.0% to $115 after the news.
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#SpaceX #Tesla #Terafab #Semiconductors #ElonMusk
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Kind: captions Language: en SpaceX is building its massive Terraab chip factory in Grimes County, Texas, [music] ending months of location uncertainty. The first phase alone is estimated at $16.8 billion, promising at least 3,000 new jobs for the region. This facility will produce advanced logic and memory chips for Tesla's Optimus robots and SpaceX's orbital data centers. Tesla calls it the largest chip manufacturing facility ever, needing more computing power than the world can currently supply. Grimes County approved over 22,000 acres for an investment zone with SpaceX committing 5 billion by 2030. [music] Company officials state this project is strategically vital for the United States and for Western civilization.