Intel rises after Musk signals use of 14A process for Tesla-linked Terafab
April 23, 2026 8:16 AM
IH Market News
Intel Corporation (NASDAQ:INTC) shares moved higher in premarket trading on Thursday after Tesla Inc (NASDAQ:TSLA) CEO Elon Musk indicated that the Terafab venture plans to adopt Intel’s advanced 14A semiconductor manufacturing process.
Speaking during Tesla’s post-earnings call, Musk said the 14A node is “not yet totally complete,” but should be “probably fairly mature or ready for prime time” by the time Terafab reaches scale. He did not specify a timeline for that ramp-up.
Intel stock was up about 1.4% ahead of the open following the comments.
14A process central to Intel’s competitive push
Intel’s 14A technology is part of its effort to compete more directly with Taiwan Semiconductor Manufacturing Co, although the company has yet to provide detailed specifications about the process.
Terafab targets large-scale AI chip production
Musk introduced Terafab earlier this year as a joint venture involving his companies—SpaceX, Tesla, and xAI—aimed at building a fully integrated semiconductor manufacturing facility in the United States.
The project is designed to produce chips tailored for artificial intelligence applications.
Musk has outlined an ambitious goal for Terafab to deliver 1 terawatt of compute annually, a level that would exceed current global chip production capacity, including that of TSMC, the world’s largest chipmaker.
Intel’s role still taking shape
Intel confirmed in April that it would participate in the venture by contributing chipmaking technology, although specifics regarding its role and scope remain limited.
Intel stock price
Original: Intel rises after Musk signals use of 14A process for Tesla-linked Terafab
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