Elon Musk Announces Massive 'Terafab' Chip Factory in Austin to Power Tesla AI, SpaceX Satellites and Robotics

Elon Musk announced plans for 'Terafab,' a massive chip manufacturing facility in Austin to produce custom semiconductors for Tesla AI, SpaceX satellites, and robotics. This represents significant vertical integration and concentration of AI infrastructure power under Musk's control, potentially creating dependencies and reducing competition in the AI chip supply chain.