Tesla explores building large semiconductor fabrication facility for AI chips with potential Intel collaboration
Elon Musk emphasizes the need for a 'terafab' amid current chip supply insufficiencies, aiming to enhance autonomous technology and optimize Tesla's software
Tesla CEO Elon Musk announced plans for potentially building a large semiconductor fabrication facility for artificial intelligence chips. At the company's annual meeting, Musk discussed Tesla's fifth-generation AI chip, which is intended to advance their autonomous technology, and suggested the possibility of collaboration with Intel, though no agreement has been finalized. As Intel faces challenges in the AI chip market against competitors like Nvidia, the US government recently acquired a 10% stake in Intel. Musk's comments led to a 4% increase in Intel's share price in after-hours trading, while Intel did not provide any statement.
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