
Elon Musk recently announced ambitious plans for a chip manufacturing collaboration between his company Tesla and SpaceX.
Bloomberg reports that Musk shared his plans Saturday night at an event in downtown Austin, Texas, and released photos suggesting the facility, which he calls a “terrafab,” will be built near Tesla’s Austin headquarters and “gigafactory.”
Musk said he was pursuing the project because semiconductor manufacturers were not producing chips fast enough for the company’s artificial intelligence and robotics needs. “Either we build Terafab, or we don’t have a chip and we need a chip, so we build Terafab.”
“The goal is to manufacture chips that can support 100 to 200 gigawatts of computing power per year on Earth, along with 1 terawatt in space,” Musk said. He did not provide a timeline for these plans.
As Bloomberg notes, Musk has no background in semiconductor manufacturing, but he has a history of overpromising on goals and timelines.