TECH

SpaceX has a $55 billion plan to build AI chips in Texas

The Verge · Thu, 07 May 2026 19:26:16 GMT

Elon Musk's plans to get into the AI chip manufacturing business are going to be costly. As the New York Times and CNBC report, SpaceX is planning to invest at least $55 billion into its "Terafab" chip plant in Austin, Texas. That's according to the details of a public hearing no

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