Intel CEO says company will stay in Musk's Terafab project after TSMC talks spooked shares
rohanpaul_ai · x · 2026-10-07
According to Bloomberg, Intel CEO Lip-Bu Tan said Intel will remain in Elon Musk's Terafab chipmaking project, speaking in Tokyo ahead of an event marking Intel's 50 years in Japan.
Musk's earlier revelation of talks with TSMC knocked Intel shares down 3.9% in premarket trading, prompting Tan's reassurance.
Related event: Intel CEO Confirms Staying in Musk's Terafab Chip Project(3 posts)→
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