xAI, a subsidiary of SpaceX, is planning to invest $55 billion in a semiconductor factory in Texas.

SpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County. https://techcrunch.com/2026/05/06/spacex-may-spend-up-to-119-billion-on-terafab-chip-factory-in-texas/?utm_source=dlvr.it&utm_medium=mastodon

SpaceX, Elon Musk's space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Texas, according to a filing with Grimes County. https://techcrunch.com/2026/05/06/spacex-may-spend-up-to-119-billion-on-terafab-chip-factory-in-texas/?utm_campaign=social&utm_source=threads&utm_medium=organic

SpaceX may spend up to 119 billion USD on a "Terafab" chip factory in Texas, aiming to build a vertically integrated semiconductor manufacturing and advanced computing facility. Elon Musk says the project with Intel could manufacture enough chips to provide 1 terawatt of power per year for AI and robotics. https://techcrunch.com/2026/05/06/spacex-may-spend-up-to-119-billion-on-terafab-chip-factory-in-texas/ #AIagent #AI #GenAI #AIInfrastructure

📰 SpaceX has a $55 billion plan to build AI chips in Texas Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" ... 📰 Source: The Verge 🔗 Link: https://www.theverge.com/ai-artificial-intelligence/926356/spacex-terafab-plant-cost-ai-chips #AI #ArtificialIntelligence