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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

President Trump Announces Apple and Intel Chip Collaboration | Bloomberg Tech 6/18/2026

Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first…

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Bloomberg’s Ed Ludlow discusses the latest announcement made by President Donald Trump, which will see Apple and Intel joining forces to produce chips domestically, sending shares of the chipmaker higher. Plus, Anduril’s CEO discusses how the company won a contract with the US Air Force to produce autonomous fighters. And, SpaceX wraps up its first full week of trading, with shares falling for a second day straight.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:12 – Ian King & Mandeep Singh, Bloomberg News
00:05:57 – Ankur Crawford, Alger
00:12:15 – Brian Schimpf, Anduril
00:20:57 – Matt Day, Bloomberg News
00:23:48 – Michael Regan, Bloomberg News
00:25:56 – Matthew Witheiler, Wellington Management
00:32:23 – Chris Pavolvski, Rumble CEO
00:37:18 – Dana Wollam, Bloomberg News
00:39:49 – Felix Gillette, Bloomberg News
00:41:42 – Randall Williams, Bloomberg News
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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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Bloomberg Technology

Rumble Bets on AI Compute Demand With New AI Platform

Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot. ——– Like this video?…

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Video platform Rumble is jumping on the AI bandwagon with its newest AI platform. Launching as Quake AI, the new sector combines cloud, compute, and AI infrastructure, and is slated to dominate the company’s business segment. Rumble CEO Chris Pavlovski joins Ed Ludlow on “Bloomberg Tech” with more on the pivot.
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Bloomberg Technology

Investors Anticipate Fresh Liquidity Following Historic SpaceX Debut

SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private…

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SpaceX’s historic public debut comes during a critical inflection point as a wave of multibillion-dollar AI companies prepare to go public. With the unprecedented IPO, investors are anticipating a wide-scale “distribution event” that will give private markets the fresh cash it desperately needs. Matt Witheiler, Head of Late-Stage Growth at Wellington Management, thinks the private tech ecosystem will see a cash return. He joins Ed Ludlow of “Bloomberg Tech”.
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