Elon Musk says the project can be run collectively by his electric-vehicle agency, Tesla, and his rocket firm, SpaceX. File image
| Photo Credit: AP
Elon Musk introduced on Saturday (March 22, 2026) a plan to make chips for synthetic intelligence, robotics and knowledge centres in area, within the newest daring project by the world’s richest particular person.
The “Terafab”, a producing facility primarily based close to Austin, Texas, will goal to produce one terawatt of computing energy per yr, Mr. Musk stated.
A terawatt is equal to one trillion watts. That is barely lower than the entire energy technology capability of the United States, in accordance to an business group.
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Mr. Musk stated the project can be run collectively by his electric-vehicle agency Tesla and his rocket firm SpaceX.
He didn’t disclose the preliminary funding. Previous US media stories have put the determine between $20 billion and $25 billion.
Mr. Musk, who has no prior expertise in semiconductors, stated the Terafab was mandatory as a result of Tesla and SpaceX’s demand for computing energy was anticipated to far exceed that of worldwide chip suppliers.
“We’re very grateful to our existing supply chain, to Samsung, TSMC, Micron, and others… but there’s a maximum rate at which they’re comfortable expanding,” Mr. Musk stated.
“That rate is much less than we would like… and we need the chips, so we’re going to build the Terafab.”
An “advanced technology fab” in Austin may have the amenities to design, manufacture, take a look at and enhance every chip, Mr. Musk stated.
Eventually, the project goals to make chips to help 100 to 200 gigawatts of computing energy on Earth, and a terawatt in area.
Mr. Musk didn’t give a timeline for the Terafab’s output, and has beforehand promised grand outcomes from different tasks on compressed time scales.
He stated the Terafab would finally assist humanity develop into a “galactic civilization” able to harnessing the sources of different planets and stars.
Published – March 22, 2026 12:47 pm IST