Stock Markets April 22, 2026 06:36 PM

Musk Says Tesla Will Use Intel's 14A Process for Terafab Chip Production

Elon Musk cites maturity of Intel’s 14A node as reason for choosing the partner for Terafab; Intel shares tick higher in after-hours trade

By Derek Hwang INTC
Musk Says Tesla Will Use Intel's 14A Process for Terafab Chip Production
INTC

Tesla CEO Elon Musk told investors the company intends to adopt Intel’s 14A manufacturing process for chips produced at its Terafab facility. Intel’s stock rose in extended trading following the announcement. Intel had joined the Terafab initiative earlier this month alongside Tesla and SpaceX to supply processors intended for robotics and data center applications.

Key Points

  • Tesla intends to use Intel’s 14A manufacturing process for chips at its Terafab project, as stated by Elon Musk.
  • Intel joined the Terafab initiative earlier this month alongside Tesla and SpaceX to help produce processors for robotics and data center applications.
  • Intel shares rose 2.8% in after-hours trading following Musk’s announcement, reflecting market reaction to the partnership news.

Tesla plans to rely on Intel’s advanced 14A semiconductor manufacturing process to produce chips at its Terafab project, Chief Executive Officer Elon Musk said on Wednesday during Tesla’s earnings conference call. The disclosure came after Intel was confirmed as a participant in the Terafab effort earlier this month.

Markets reacted to the news in extended trading, with Intel shares rising 2.8% after the comments.

Intel’s participation in Terafab was announced earlier this month when the chipmaker joined Tesla and SpaceX in the multi-company project. The stated objective is to manufacture processors that will support Tesla’s and SpaceX’s ambitions in robotics and data center infrastructure.

"Given that by the time Terafab scales up, 14A will be probably fairly mature or ready for prime time, 14A seems like the right move, and we have a great relationship with Intel," Musk said on the call.

Investors and market observers could view the plan as a potential vote of confidence for Intel’s next-generation manufacturing roadmap. The company has previously faced yield challenges with some of its chip production, a point that makes adoption of its 14A node by a high-profile partner notable.

The Terafab initiative is framed around producing processors to accelerate work in robotics and data center compute, areas cited by the companies involved as targets for the new chips. Intel’s role in the project places its manufacturing process at the center of plans to scale those efforts.

Beyond the direct industry implications, the announcement has immediate market-level effects: the reported after-hours share price movement illustrates investor sensitivity to strategic manufacturing partnerships and to signals about the maturity of new fabrication nodes.

Details on the specific production timelines, volumes, or contractual arrangements were not provided during the call. The comments concentrated on the suitability of Intel’s 14A node for Terafab as the project moves toward scale.


Clear summary: Tesla will use Intel’s 14A process at its Terafab facility, Intel joined the Terafab initiative with Tesla and SpaceX earlier this month, Intel shares rose 2.8% in extended trading, and Musk said 14A should be mature by the time Terafab scales up.

Risks

  • Uncertainty around the maturity and yield performance of Intel’s 14A process could affect production outcomes - impacts the semiconductor manufacturing and tech hardware sectors.
  • No specifics were provided on production timelines or volumes for Terafab, leaving execution and scaling risk for the project - impacts the robotics and data center infrastructure sectors.
  • Intel has previously experienced yield challenges with its chips; continued yield issues could undermine investor confidence despite the partnership - impacts semiconductor markets and related suppliers.

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