Elon Musk announces Terafab project he claims will be the 'largest chip manufacturing facility ever' (2 minute read)

Elon Musk announced Terafab, a $20B joint venture by Tesla, SpaceX, and xAI to build the world's largest chip manufacturing facility, aiming to generate a terawatt of computing power annually. The facility in Austin, Texas, will produce chips for terrestrial uses, like self-driving cars, and space use, ing projects such as the proposed orbital data center. Despite Musk's ambitious claims, he has underdelivered on past ventures like Hyperloop and fully autonomous driving.