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