On October 7, Bloomberg reported that Intel CEO Pat Gelsinger stated in an interview in Tokyo that Intel will continue its involvement in Elon Musk's Terafab project. Intel signed on as a development partner for the project in April of this year, and this statement indicates that the company has not withdrawn from the project. Previously, Musk revealed that he was in discussions with TSMC regarding potential collaboration on Terafab, raising concerns in the market about how TSMC's involvement might affect Intel's role in the project, leading to a temporary drop of 3.9% in Intel's stock price. Terafab is a significant initiative for Musk's entry into the advanced chip manufacturing sector. As AI infrastructure continues to expand, the global demand for chips and related equipment is increasing, putting pressure on various supply chain segments. Bloomberg had previously reported that Musk has requested suppliers to accelerate the progress of Terafab, with various suppliers, including those providing ball bearings, chip manufacturing equipment, industrial chemicals, and rails, currently operating at high capacity.
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