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Elon Musk Announces $20B 'Terafab' Chip Plant in Texas To Supply His Companies

The Hot Take: US domestic chip manufacturing appears to be exploding. That's an insane goal, but to bad it's just for his companies.

"Billionaire Elon Musk has announced plans to build a $20 billion chip plant in Austin, Texas" reports a local news station: Musk announced on Saturday night during a livestream on his social media platform X that the plant, called "Terafab," will be built near Tesla's campus and gigafactory in eastern Travis County. The long-anticipated project is a joint venture between Musk-owned properties Tesla, SpaceX and xAI... The Terafab plant is expected to begin production in 2027. Musk "has said the semiconductor industry is…

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Microsoft-backed start-up raises $40 million for helium atom beam lithography that could print chips at atomic resolution — 0.1nm beam is 135 times narrower than ASML's EUV light

The Hot Take: If this proves true ASML better watch out. Their monopoly might come crashing down if they don't get something that competes.

Lace Lithography raised $40 million in Series A funding on Monday to develop a chipmaking tool that uses a helium atom beam instead of light to pattern silicon wafers.

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