Intel is staying in Elon Musk's Terafab chip venture despite TSMC talks

Intel will continue to be involved in Elon Musk's Terafab chipmaking project. According to Intel CEO Lip-Bu Tan, the company will remain a part of the venture. This comes after Musk had discussions with Taiwan chipmaker TSMC about potential cooperation on the project.

Musk has stated that his business empire will build and operate Terafab independently, explicitly ruling out any operational role for TSMC. The discussions with TSMC were described by Musk as "just discussions," but he noted that "something may come of it."

Intel's continued involvement in Terafab was confirmed by Tan ahead of an event in Tokyo. The news was reported by Bloomberg, although Intel and Tesla did not immediately respond to requests for comment outside regular business hours.

Brief written by urgent.news from Quartz, Techmeme, Investing.com — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.