Musk to build massive semiconductor factory in Texas…investing at least 80 trillion won

Musk to build massive semiconductor factory in Texas…investing at least 80 trillion won

'Terafab Project' for AI chip production…estimated to reach 173 trillion won if expansion is included

Elon Musk's space company SpaceX is set to build a massive semiconductor factory in Texas, USA, for the production of semiconductors for artificial intelligence (AI) and space data centers.

AFP reported on the 6th (local time) that SpaceX plans to build a semiconductor production facility called 'Terafab' in Grimes County, northwest of Houston, Texas.

At least 55 billion dollars (approximately 80 trillion won) is expected to be invested for the factory's construction, but if additional expansion is included, the total investment is estimated to reach 119 billion dollars (approximately 173 trillion won).

Musk stated that electric vehicle maker Tesla and SpaceX will jointly operate this facility.

Terafab is a project aimed at producing semiconductors required for AI, robots, and space data centers.

Musk, despite having no experience in the semiconductor field, has argued for the necessity of in-house production, stating that the computing demands of Tesla and SpaceX will exceed the production capacities of global semiconductor suppliers.

Musk's goal is to produce chips that support 100-200 GW (gigawatts) of computing power on Earth and semiconductors that support 1 TW (terawatt) of computing capability in space.

The Grimes County Council, where the factory will be located, is scheduled to discuss the approval of tax breaks for the Terafab project on the 3rd of next month.

Grimes County described the Terafab project as "an investment that will dramatically expand semiconductor production capabilities within the United States."