Musk Considers Tesla-Intel Collaboration
Elon Musk, CEO of Tesla, indicated the company might need to construct a large chip fabrication plant to produce artificial intelligence (AI) chips. At Tesla's annual shareholder meeting, he suggested a possible partnership with Intel, saying,
“You know, maybe we’ll, we’ll do something with Intel. We haven’t signed any deal, but it’s probably worth having discussions with Intel.”
Advancing Tesla's AI Chip Development
Tesla is currently developing its fifth-generation AI chip, which is key to advancing its autonomous driving ambitions. Elon Musk highlighted the potential manufacturing plans linked to this new chip during the meeting.
Intel's Position in the AI Chip Market
Intel owns its chip manufacturing facilities but has fallen behind Nvidia in AI chip development. The U.S. government recently acquired a 10% stake in Intel, which is looking for external clients for its latest manufacturing technologies. Following Musk's comments, Intel’s share price rose by 4%.
Shareholders Back Musk's Vision
Musk gained a major win as Tesla shareholders approved an extensive $1 trillion pay package spanning the next decade. This approval supports his strategic vision to transform Tesla into a leader in AI and robotics.
Existing Partnerships and Chip Technology
- Tesla has previously revealed the AI5 chip project.
- The company partners with Taiwan’s TSMC and South Korea’s Samsung for chip manufacturing.
- These AI chips power Tesla’s autonomous driving features, including the Full Self-Driving software.
- Tesla is currently using its fourth-generation chip.
Summary: Elon Musk hints at a Tesla-Intel collaboration to build AI chips, supported by shareholders’ approval of a $1 trillion package to expand Tesla’s AI and robotics capabilities.