Elon Musk is scheduled to appear virtually at a closed ASML employee technology conference to discuss Terafab, the joint chip-making venture between SpaceX and Tesla, according to reporting cited by the company. ASML extended the invitation to provide employees with a direct briefing on the project and Musk’s broader vision for semiconductors tied to artificial intelligence, robotics and space-based data centers.
Terafab, unveiled in March, is billed by its founders as a large-scale effort to produce cutting-edge chips. The venture has announced plans for a U.S. factory with a price tag of at least $55 billion. At the ASML event Musk will describe the initiative’s objectives across several technology areas and discuss the intersection of AI, robotics, space applications and semiconductor manufacturing, a company spokesperson said.
One stated technical aim for the proposed facility is the production of 2-nanometer chips, placing the project at the leading edge of current fabrication capabilities. Musk has set a long-term target for the program to back computing capacity on the order of a terawatt per year, according to the information released by the company.
ASML occupies a distinct position in the semiconductor supply chain as the sole manufacturer of the most advanced photolithography equipment required to fabricate the chips used in demanding AI workloads. The firm supplies major foundries, including Taiwan Semiconductor Manufacturing Co. and Samsung Electronics, and has seen values rise as demand for the company’s machines is driven by increased spending on AI.
Through Terafab, Musk’s team aims to compete with established foundry leaders and to scale production beyond the prevailing industry volumes. ASML’s spokesperson said the venture has already started to integrate into the broader semiconductor ecosystem and that multiple companies, ASML included, will collaborate on the program.
The invitation for Musk to address ASML staff is framed as an internal, closed session focused on explaining the Terafab concept and its technical and strategic ambitions. The public details that have been disclosed include the joint ownership by SpaceX and Tesla, the planned U.S. factory costing at least $55 billion, the 2-nanometer target for the chips and the terawatt-per-year computing goal.
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