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Intel joins Musk’s Terafab in Surprise Move, Shares Jump

Intel is joining Elon Musk’s Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on “Bloomberg Tech,” Gil Luria, head of tech research at D.A. Davidson,…

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Intel is joining Elon Musk’s Terafab project, a massive effort to develop in-house semiconductors for Tesla, SpaceX and xAI. The project aims to consolidate the entire chip-making lifecycle under one roof to power the next generation of AI and robotics. Discussing the move on “Bloomberg Tech,” Gil Luria, head of tech research at D.A. Davidson, says “Intel has positioned itself to have the volumes necessary to bring the customers to the table, to have the volumes necessary to be profitable.”
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7 Comments

7 Comments

  1. @NASHHOLDINGSINC

    April 7, 2026 at 3:17 pm

    Congratulations and remember the working Americans 💪 working class always!

    • @Tyler_Durden_99

      April 7, 2026 at 3:26 pm

      Billionaires making billions, dont always serve working class well

    • @TheMagicJIZZ

      April 7, 2026 at 6:45 pm

      ​@Tyler_Durden_99it’s a corporation and another corporation

      Use your brain and start growing up

    • @MrKevy40

      April 7, 2026 at 8:51 pm

      @Tyler_Durden_99Who do you think provides the jobs for the working class

  2. @vrclckd-zz3pv

    April 7, 2026 at 4:14 pm

    This is hardly a “surprise” to anyone who follows the semiconductor industry. Every INTC holder I know saw this coming a mile off. TSMC and Samsung are at capacity and Tesla can’t build their own foundry IP from scratch.

  3. @StormyDog

    April 7, 2026 at 5:08 pm

    If Tesla controls the narrative Intel may become relevant again.

    • @TheMagicJIZZ

      April 7, 2026 at 6:45 pm

      Elon is a black hole and you can’t escape it

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Bloomberg Technology

Tech Stocks Rally on the Back of US-Iran Ceasefire Deal | Bloomberg Tech 4/8/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Snowflake Seeing Strong Return on AI Investment: CEO

Some of Snowflake’s coders are producing work 24 hours a day using AI agents, says CEO Sridhar Ramaswamy. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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Some of Snowflake’s coders are producing work 24 hours a day using AI agents, says CEO Sridhar Ramaswamy. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Apple’s Foldable Phone On Track for September Launch

Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone’s features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology…

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Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone’s features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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