Tesla CEO Musk: Expect a Severe Shortage of AI Chips in the Future

Mars Finance News, April 23 — Tesla CEO Elon Musk stated during the earnings call that the reason Tesla is launching the Terafab chip factory project is because the company anticipates a severe shortage of AI chips in the future. He said, “In terms of industry growth rate, logic chips, and even more so storage chips, we expect that if we don’t manufacture our own chips, we will encounter bottlenecks. That is the reason for the birth of Terafab.” (Broad perspective)

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