Intel, Elon Musk and Tesla
Digest more
Tesla ($TSLA) is exploring a potential partnership with chipmaker Intel ($INTC) to develop a chip manufacturing facility as it ramps up its AI
Intel (NASDAQ:INTC) shares climbed more than 2% in premarket trading on Friday after reports suggested the chipmaker may collaborate with Tesla (NASDAQ:TSLA) to build advanced AI chip manufacturing facilities.
Elon Musk has signalled Tesla may construct its own large-scale semiconductor fabrication facility to meet surging chip needs as the company expands in artificial intelligence and robotics. Speaking after shareholders approved his $1trn compensation plan at the annual meeting in Texas,