Elon Musk's team has approached Applied Materials to supply key semiconductor manufacturing tools for the new Terafab project. Terafab is planned as a vertically integrated AI chipmaking complex serving Tesla, SpaceX, and xAI, with involvement from Intel. The engagement positions Applied Materials as a core equipment partner for an emerging, multi company chip fabrication effort. Applied Materials, ticker NasdaqGS:AMAT, is being pulled directly into one of the most ambitious AI chip build...