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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

SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price | Bloomberg Tech 7/10/2026

Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the…

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Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the rest of the US chip sector.
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Bloomberg Technology

SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook…

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Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook for AI demand and his US investment plans.
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Bloomberg Technology

SK Chairman Says He Has ‘Much, Much Bigger’ Plans for US

Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with 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:   Get…

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Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.”
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