SpaceX, Tesla unveil $16.8B Texas chip fab

SpaceX and Tesla unveiled Terafab, a 100-million-square-foot semiconductor campus in Grimes County, Texas, requiring $16.8 billion for its first phase. The vertically integrated facility will produce AI inference processors for Tesla Optimus robots and Cybercab vehicles, plus high-power processors for SpaceX space data centers, employing at least 3,000 people.