Aug 6 (Reuters) – Elon Musk’s SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the companies race to secure the chip ​capacity that the billionaire has called essential to their future.

Source: SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas | KELO-AM