Tesla and SpaceX to build $16.8B 'Terafab' chip factory in Texas
Tesla and SpaceX have officially announced plans to construct a large-scale semiconductor manufacturing facility called 'Terafab' in Texas. The project carries an investment of $16.8 billion and will be located just north of Houston. The announcement ends months of speculation surrounding the ambitious manufacturing venture. The factory represents a significant push by Elon Musk's companies into domestic chip production.
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