Intel reportedly remains involved in Musk's Terafab project; shares gain 1.5%
INTC•Intel shares climbed 1.5% premarket after CEO Lip-Bu Tan reportedly said the company will continue working on Elon Musk's Terafab chipmaking venture.
INTC•INTC•INTC•Intel shares climbed 1.5% premarket after CEO Lip-Bu Tan reportedly said the company will continue working on Elon Musk's Terafab chipmaking venture.
CEO Lip-Bu Tan said Intel will continue working on Elon Musk's Terafab chipmaking venture, Bloomberg News reported. The report came days after Musk said TSMC and Terafab had discussed potential cooperation; the planned facility is intended to produce AI chips for Tesla and SpaceX.
