Elon Musk In Direct Talks With ASML For $119B TeraFab Chip Plant: CEO Calls Him 'Very Serious'
Key takeaways
- Elon Musk's proposed Tera Fab chip manufacturing facility in Texas, intended to support AI infrastructure expansion, is already drawing attention from chip-equipment supplier ASML (NASDAQ:ASML), according to Reuters.
- ASML CEO Christophe Fouquet warned that Musk's semiconductor ambitions tied to Tesla Inc.(NASDAQ:TSLA), xAI and SpaceX could further strain an already tight global chip industry.
- ASML expects the global semiconductor market could eventually reach $1.5 trillion by 2030 as AI-related demand accelerates, he said.
Elon Musk In Direct Talks With ASML For $119B Tera Fab Chip Plant: CEO Calls Him 'Very Serious' Elon Musk In Direct Talks With ASML For $119B Tera Fab Chip Plant: CEO Calls Him 'Very Serious' John Potter Mon, June 8, 2026 at 3:01 AM GMT+7 6 min read ASML TSLA SPAX.PVT Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Elon Musk's proposed Tera Fab chip manufacturing facility in Texas, intended to support AI infrastructure expansion, is already drawing attention from chip-equipment supplier ASML (NASDAQ:ASML), according to Reuters.
ASML CEO Christophe Fouquet warned that Musk's semiconductor ambitions tied to Tesla Inc.(NASDAQ:TSLA), xAI and SpaceX could further strain an already tight global chip industry. "Demand on AI is coming so strongly that we will be in a supply-limited market for quite a while," Fouquet told Reuters on the sidelines of a May 19 tech event in Antwerp, Belgium.