Intel will stay on Musk’s Terafab chip project, CEO tells Bloomberg

Lip-Bu Tan, Intel’s chief executive, at the company’s headquarters in Santa Clara, California, on his first day in the role in March 2025.

Credit: Intel Corporation

Intel will keep working with Elon Musk on Terafab, his project to make advanced chips in Texas, chief executive Lip-Bu Tan told Bloomberg.

Tan made the comments before a Tokyo event on Wednesday celebrating 50 years of Intel’s operations in Japan.

His comments come after a week of reports that Taiwan’s TSMC, the world’s…