{"id":31314,"date":"2026-10-07T22:07:14","date_gmt":"2026-10-07T22:07:14","guid":{"rendered":"https:\/\/moneyinsiderzone.com\/?p=31314"},"modified":"2026-10-07T22:07:14","modified_gmt":"2026-10-07T22:07:14","slug":"intel-gains-before-opening-bell-how-musks-comments-became-a-catalyst","status":"publish","type":"post","link":"https:\/\/moneyinsiderzone.com\/?p=31314","title":{"rendered":"Intel gains before opening bell: How Musk’s comments became a catalyst"},"content":{"rendered":"
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Intel INTC shares showed signs of an early recovery in premarket trading Wednesday, rising 0.3% before the opening bell after falling 2% Monday and 3% Friday.<\/p>\n

The move followed Elon Musk’s clarification that his business empire plans to build and operate the Terafab chipmaking project independently.<\/p>\n

The statement eases pressure on Intel amid speculation that Taiwan Semiconductor Manufacturing Co. (TSMC) could take an operational role in the venture. <\/p>\n

Intel also confirmed that the partnership with Musk remains intact.<\/p>\n

Based in Texas, Terafab is Musk\u2019s effort to enter the semiconductor manufacturing business to supply chips for his companies Tesla Inc. and SpaceXAI. <\/p>\n

Musk had recently said he was in discussions with TSMC, prompting speculation that the Taiwanese chipmaker could become involved in running the planned facilities.<\/p>\n

Musk, who recently turned trillionaire again<\/a>, clarified Wednesday that discussions with TSMC were limited to the possibility of the company leasing part of the planned Terafab site.<\/p>\n

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https:\/\/twitter.com\/elonmusk\/status\/2107721071571128709?s=20 <\/div>\n<\/figure>\n

\u201cMaybe TSMC subleases part of the Terafab if they want, but nothing more than that,\u201d Musk said in a response to a video posted on his social network, X.<\/p>\n

What is Intel\u2019s role in Terafab?<\/h2>\n

US chipmaker Intel Corp. is helping Musk\u2019s companies develop the technology that will go inside the Terafab facility. <\/p>\n

The project is expected to supply advanced semiconductors for Musk\u2019s business empire, including Tesla\u2019s carmaking and robotics operations and the consolidated SpaceXAI, which includes spacefaring technology and the xAI group developing Grok.<\/p>\n

Musk stressed Wednesday that his companies would \u201cbuild and run the fab.\u201d<\/p>\n

His clarification followed earlier comments confirming that TSMC was in discussions about participating in Terafab<\/a>. <\/p>\n

Musk had responded on Saturday to a report from the Asian technology Substack Culpium that TSMC was exploring ways to help operate the planned factories.<\/p>\n

\n
https:\/\/twitter.com\/elonmusk\/status\/2106290920605790717?s=20 <\/div>\n<\/figure>\n

\u201cIn discussions, but something may come of it,\u201d Musk posted on X on Saturday in response to the report.<\/p>\n

Intel Chief Executive Lip-Bu Tan’s reassurance on Wednesday also helped as he told Bloomberg that the chipmaker would remain involved in Terafab.<\/p>\n

The possibility of TSMC taking a larger role had raised questions over whether Intel would remain the sole or primary manufacturing partner for a project that has become an important part of the investment case for the company\u2019s stock.<\/p>\n

Oppenheimer analyst Rick Schafer said one possibility would be \u201cTSMC owning and running a fab that serves only Tesla, SpaceX and xAI, while SpaceX invests or commits to volume,\u201d according to a note to clients published Monday.<\/p>\n

Musk later indicated that any chips produced by TSMC would likely supplement rather than replace chips supplied by Intel.<\/p>\n

Investors focus on Intel\u2019s Terafab role<\/h2>\n

The prospect of another major chipmaker becoming involved in Terafab had complicated expectations around Intel\u2019s role in the project.<\/p>\n

D.A. Davidson managing director Gil Luria said enthusiasm around Terafab has been a major catalyst behind the \u201cdramatic ascent\u201d of Intel\u2019s stock this year. <\/p>\n

The stock has surged about 200% so far this year.<\/p>\n

\u201cIf it turns out Intel does not participate, or is only one fab technology provider, investors may reconsider the credit they gave Intel,\u201d Luria told MarketWatch.<\/p>\n

Luria also said the possibility of working with another manufacturer could be viewed \u201cas a lack of confidence in trusting the future of his important endeavor to Intel alone.\u201d<\/p>\n

Musk\u2019s latest comments and reassurance from Intel indicate that TSMC could potentially have a limited presence at the Terafab site.<\/p>\n

The post Intel gains before opening bell: How Musk's comments became a catalyst<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Intel INTC shares showed signs of an early recovery in premarket trading Wednesday, rising 0.3% before the opening bell after falling 2% Monday and 3% Friday. The move followed Elon Musk’s clarification that his business empire plans to build and operate the Terafab chipmaking project independently. The statement eases pressure on Intel amid speculation that […]<\/p>\n","protected":false},"author":1,"featured_media":31315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[],"class_list":["post-31314","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-news"],"_links":{"self":[{"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/posts\/31314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31314"}],"version-history":[{"count":0,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/posts\/31314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=\/wp\/v2\/media\/31315"}],"wp:attachment":[{"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneyinsiderzone.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}