John M McIntosh

Elon Musk reveals chip-fab "breakthroughs" he won’t discuss on the earnings call, says TeraFab’s first test chip is due around May or June next year with volume production around Q3'28, and credits ASML for “accelerating equipment deliveries” “Well, I mean, we’re just figuring out chip fabrication. So, but I’ll tell you what our internal expectations are, which obviously I put, you know, big error bars in this because we don’t know if we will actually achieve this or not, but it’s what we’re aiming for internally: is to make our first sort of test chip functional in approximately May or June of next year." "That’s just kind of a SRAM chip or something to basically test the line. That’s at the Research Fab in Austin." "And we’re aiming to, our aspiration is to reach volume production around Q3 of ‘28 at TeraFab, at Gibbons Creek, the main TeraFab location. These were very aggressive dates, and we’re very appreciative of ASML and all of our other suppliers in accelerating equipment deliveries in order to achieve this outcome." "Let’s just say that that outcome of achieving volume production is at least in the set of possible outcomes for Q3 or Q4 of ‘28. So these are obviously like insanely fast timeframes for chip production." "We do have, I think, some significant potential breakthroughs in chip fabrication, but I don’t think I should discuss that on earnings call.” "Let’s not give away the shop here. But I am optimistic that we will dramatically accelerate chip production and that TeraFab will ultimately do what the name suggests, which is to make a terawatt of superintelligence chips per year.”