Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX).

Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite SpaceX plans to build, providing fresh insight into the ambitious project driving the company’s highly anticipated initial public offering.

CEO Elon Musk is once again pitching a project that sounds engineered to break Excel spreadsheets. According to an X post from Sawyer Merritt circulating this week, Musk described Terafab as a roughly 100 million square foot facility,

Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.

SpaceX has submitted proposals to build the first phase of its chipmaking moonshot, which will cost at least $55 billion, in Grimes County, Texas.

Elon Musk's SpaceX has made awe-inspiring achievements since its founding over two decades ago and has big ideas -- colonies on Mars, orbital AI data centers, rapidly reusable rockets -- for the future.

Elon Musk's giant Terafab facility in Texas could cost up to $119 billion, with hopes of manufacturing chips for Tesla, SpaceX and xAI

The global race for artificial intelligence supremacy is rapidly becoming a race for semiconductor manufacturing capacity. AI models require vast amounts of computing power, data centers are consuming more chips than ever,

Musk joined ASML's annual employee tech conference virtually as SpaceX prepares to go public in what would be the largest IPO on record