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Elon Musk, the CEO of Tesla, is expected to announce plans to build a chip manufacturing plant named TeraFab within the next seven days to produce hundreds of billions of chips per year for Tesla. The move aims to address the chip-supply shortage Tesla has faced and to develop custom silicon chips. According to Musk's earlier remarks, he targets a production capacity of 100 billion to 200 billion chips per year for TeraFab. If successful, the plant would become one of the world's largest chip-making facilities, potentially surpassing Taiwan's TSMC production. However, the ambition faces doubts from industry experts, given the semiconductor industry is known for high barriers to entry and complex manufacturing processes. Sources say a feasible option is that Tesla would license with current leading chip manufacturers such as Intel or TSMC, while providing funding to set up dedicated production lines. TSMC has reportedly shown willingness to prebuild lines in the future, which could be a possible path for Tesla. Additionally, collaboration with Intel Foundry is being considered, particularly since Tesla is based in the US and Musk previously mentioned this possibility. Read more: Thanh Niên Việt article link.
The crypto bear market remained in force on Wednesday, with bitcoin slipping back toward the $60,000 area. Sharp pullbacks in gold and oil also weighed on the 2025 “debasement trade,” which had supported hard assets amid concerns about government debt and fiat currencies. Meanwhile, tech—particularly the AI boom—continued…
