Intel CEO says company will remain in Musk’s Terafab chipmaking project

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Rohan Paul· @rohanpaul_ai · X· 2026-10-07 14:16 · Original publication time AI score26

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Intel CEO Lip-Bu Tan said in Tokyo that the company would remain in Elon Musk’s Terafab chipmaking project. Musk had earlier revealed talks with TSMC, comments that sent Intel shares down 3.9% in premarket trading.

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Bloomberg: Intel will stay in Elon Musk's Terafab chipmaking project, CEO Lip-Bu Tan said, days after Musk revealed talks with TSMC.

Tan gave that assurance in Tokyo before an event marking Intel's 50 years in Japan, after Musk's TSMC comments knocked Intel shares 3.9% lower in premarket trading.

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