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Intel to keep working on Musk’s Terafab chipmaking venture, Bloomberg News reports

By Thomson Reuters Oct 7, 2026 | 12:13 AM

Oct 7 (Reuters) – Intel Corp will continue to work with Elon Musk on his ​Terafab project, Bloomberg News reported ‌on Wednesday.

Here’s what to know:

• Intel will remain involved in the project, CEO Lip-Bu Tan told Bloomberg ‌ahead ​of an event ⁠in Tokyo marking ⁠the US chipmaker’s 50th year of operations in Japan.

• Intel and Tesla did not immediately respond ​to requests for comment outside regular business hours.

• Last week, ⁠Tesla and SpaceX ⁠CEO Elon Musk said ​on X that there were ​discussions over potential cooperation between Taiwan ‌chip major TSMC and his chipmaking project, Terafab.

• Responding on X to a screenshot of ⁠an article headlined “TSMC Exploring Plans to Work With Elon Musk’s TeraFab,” Musk ⁠wrote on ‌Saturday: “Just discussions, but ⁠something may come of ​it”.

• ‌A potential involvement by TSMC ​could ⁠likely challenge Intel’s role in Terafab, as Musk weighs partners for the chipmaking venture.

(Reporting by Disha Mishra in Bengaluru; Editing by ​Janane Venkatraman)