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Euronews
Euronews
Roselyne Min

What is Elon Musk’s new chip-making facility, Terafab, and why is he building it now?

Elon Musk’s plan to build a major chipmaking facility in Texas, in the United States, has taken a clearer shape after SpaceX filed plans for a $55 billion (€46.8 billion) chipmaking facility on Wednesday.

Musk announced the Terafab project in March to produce more than one terawatt of artificial intelligence (AI) compute capacity per year.

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