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SpaceX $55B AI Chip Fab Plan in Texas

SpaceX $55B AI Chip Fab Plan in Texas

SpaceX plans to invest at least $55 billion in its Terafab AI chip plant in Austin, Texas, potentially expanding to $119 billion. The facility aims to produce chips for up to 200 gigawatts of annual compute power. Details surfaced via a Grimes County public hearing notice for tax breaks.

SpaceX Files $55B Texas Chip Fab

SpaceX Files $55B Texas Chip Fab

SpaceX filed paperwork for a $55bn semiconductor fabrication facility in rural Texas, dubbed Terafab. It joins the existing Bastrop packaging operation, forming a potential $119bn Texas chipmaking hub. Process technology and construction timeline remain undisclosed.

The Next Web (TNW)MediaMay 6#semiconductor-fab#texas#chipmaking