[Musk: 'Terafab' Project to Be Jointly Operated by Tesla and SpaceX, Based in Austin] Odaily Planet Daily News - Musk held a press conference on the 'Terafab' project, stating that this ambitious plan aimed at ultimately manufacturing proprietary chips for robotics, artificial intelligence, and space data centers will be based in Austin and jointly operated by Tesla and SpaceX. Musk announced that he will first establish an 'advanced technology wafer fab' in Austin, equipped with a full suite of tools necessary for manufacturing and testing various types of chips. Musk noted that although the semiconductor industry is increasing production, its growth rate still falls short of meeting his anticipated chip demand. 'This pace is far below our expectations,' Musk said. 'Either we build a "terawatt-level factory," or we won't have chips available, and we need these chips, so we are going to build a "terawatt-level factory."' The goal of Musk's project is to support 1 terawatt of computing power annually in the future. (Jiemian)