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Shares of chip foundries are trading lower after Elon Musk confirmed discussions between the Terafab production project and Taiwan Semiconductor, which may crowd other physical semi producers out of the venture.
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'Intel to Keep Working on Elon Musk’s Terafab Chipmaking Venture' - Bloomberg
https://www.bloomberg.com/news/articles/2026-10-07/intel-to-keep-working-on-elon-musk-s-terafab-chipmaking-venture