Intel rises as Musk says Tesla and SpaceX, not TSMC, will run Terafab
Intel remains a partner, while TSMC is limited to a possible sublease.
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TSMC and Elon Musk’s Terafab are in early talks on a Texas chip plant
Intel shares fell after Elon Musk confirmed that TSMC is in discussions over Terafab, although Intel remains the project’s first named manufacturing partner.
Cognex Acquires RealSense for $600 Million and Expands Into Robot Vision
Investors sold CGNX on valuation and cash spend.
Wells Fargo Lifts Meta Target to $796 as Muse Sparks Chip Rally
Muse launched Sept. 8 and hit the U.S. iPhone free chart. Wells Fargo now sees a story for Meta Connect—and chipmakers are moving too.
SK Hynix in Talks With Intel to Make Memory Chips in the US for the First Time
SK Hynix and Intel are in exploratory talks on US memory chip production, including a possible Ohio lease or joint venture with cloud firms.
Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.