* Intel (INTC [https://seekingalpha.com/symbol/INTC]) will continue to work with Elon Musk on Terafab, an audacious attempt by the trillionaire to break into the production of cutting-edge chips, CEO Lip-Bu Tan said, according to _Bloomberg_. * Earlier this week, Musk said he’s in discussions with Taiwan Semiconductor Manufacturing Co. (TSM [https://seekingalpha.com/symbol/TSM]) regarding collaboration around Terafab. That’s hurt investor sentiment around Intel, which signed on as Terafab’s development partner in April. * In April, Intel joined the Terafab project with SpaceX, xAI, and Tesla to help advance silicon fabrication, design, and packaging at scale—supporting Terafab’s goal of producing 1 TW/year of compute. MORE ON INTEL, TESLA, ETC.
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