Intel CEO: Company Will Stay Involved in Musk's Terafab Project

Intel CEO Lip-Bu Tan said the company will remain involved in Elon Musk's Terafab venture despite emerging talks with TSMC, Bloomberg and Calcalistech reported.

Intel will continue to participate in Elon Musk's "Terafab" project, company chief executive Lip-Bu Tan has affirmed. The remarks were reported by news agency Bloomberg and tech website Calcalistech, amid reports of emerging talks regarding the initiative with Taiwanese chipmaker TSMC.

According to the reports, Tan emphasized that Intel will remain involved in the venture despite the discussions that have surfaced with the Taiwanese competitor.

Further details regarding the scope of the partnership, the operational structure of the project, or the status of the discussions with the companies have not yet been released.