Market
Applied Materials Drawn Into Musk Terafab AI Chip Ambitions
YahooApr 19, 2026
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...
