The Quiet Winner of Elon Musk’s $16.8 Billion Terafab Bet Is a US Chipmaker Stock
Elon Musk’s Terafab chip project is suddenly real, and it has dragged one US stock back into focus. Months ago Musk tied the giant plant to Intel (INTC) and its most advanced technology, and now that Terafab is funded, that endorsement matters again. Intel stock still slipped about 4% on August 10 to near $97, The post The Quiet Winner of Elon Musk’s $16.8 Billion Terafab Bet Is a US Chipmaker Stock appeared first on BeInCrypto.
Key Takeaways
- Elon Musk’s Terafab chip project is suddenly real, and it has dragged one US stock back into focus.
- Months ago Musk tied the giant plant to Intel (INTC) and its most advanced technology, and now that Terafab is funded, that endorsement matters again.
- Intel stock still slipped about 4% on August 10 to near $97, The post The Quiet Winner of Elon Musk’s $16.8 Billion Terafab Bet Is a US Chipmaker Stock appeared first on BeInCrypto.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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