Intel CEO Lip-Bu Tan confirmed the company's continued involvement in Elon Musk's Terafab semiconductor venture after Musk revealed early talks with TSMC about a potential role. Musk clarified that Tesla and SpaceX will build and operate the Texas facility, with TSMC possibly leasing part of it but not controlling operations. Terafab aims to produce advanced chips for AI and robotics, with a massive investment and employment plan. Intel's 14A process remains central to the project, highlighting its key role despite TSMC's possible participation.
Intel's market cap stands at $594.69 billion as of Oct 07, 2026 21:21 WIB, with a dividend yield of 2.24%, reflecting its strong position in the tech sector. On Pluang, Intel's stock price is $114.90, up 2.13% for the day, showing positive investor sentiment amid its ongoing role in the Terafab chip venture. Meanwhile, Tesla, involved in the same project, has a market cap of $1.50 trillion but saw its stock price decline by 1.58% to $374.67 on the same day, with a majority of Pluang users selling Tesla shares.
AMD shares rose 4% after Citi raised its price target to $800, citing a surge in server processor demand driven by AI developments, and Stifel increased its target to $700 ahead of AMD's Q3 2026 results. Citi sees AMD as the main beneficiary of a new...
Intel has reported seven consecutive quarters of beating earnings expectations, driving a 230% rally year-to-date. The company’s recent revenue growth, especially in server CPUs and AI-related segments, supports optimism about its recovery. Despite o...
Elon Musk has confirmed that his company is in discussions with Terafab, marking a potential new chip manufacturing partner alongside Intel, which has been the only named chip partner until now. This development could diversify the supply chain and e...
SpaceX shares surged 15.55% in just five days, driven by multiple positive developments including the company's rebranding of its AI division to 'super intelligence,' successful Starship launches, and Elon Musk's return to a leadership role in the Pe...
Intel shares fell 4% after Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing (TSMC) about joining Terafab, a Texas chip venture where Intel is currently the sole manufacturing partner. This potential partnership could reduce Int...
