{"id":215661,"date":"2026-03-22T17:56:07","date_gmt":"2026-03-22T17:56:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/215661\/"},"modified":"2026-03-22T17:56:07","modified_gmt":"2026-03-22T17:56:07","slug":"elon-musk-announces-20b-chip-plant-coming-to-austin","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/215661\/","title":{"rendered":"Elon Musk announces $20B chip plant coming to Austin"},"content":{"rendered":"<p>The $20 billion &#8220;Terafab&#8221; plant will be built near Tesla&#8217;s campus in eastern Travis County.<\/p>\n<p>AUSTIN, Texas \u2014 Billionaire Elon Musk has announced plans to build a $20 billion chip plant in Austin.<\/p>\n<p>Musk announced on Saturday night <a href=\"https:\/\/x.com\/i\/broadcasts\/1yKAPMzlvgWxb\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">during a livestream on his social media platform X<\/a> that the plant, called &#8220;Terafab,&#8221; will be built near Tesla&#8217;s campus and gigafactory in eastern Travis County. The long-anticipated project is a joint venture between Musk-owned properties Tesla, SpaceX and xAI.<\/p>\n<p>The facility is expected to produce up to one terawatt of computing power each year, which is enough for hundreds of millions of AI chips.<\/p>\n<p>The Terafab plant is expected to begin production in 2027.<\/p>\n<p>Boomtown is KVUE&#8217;s series covering the explosive growth in Central Texas. For more Boomtown stories, head to <a href=\"https:\/\/www.kvue.com\/boomtown2040\" target=\"_blank\" title=\"https:\/\/www.kvue.com\/boomtown2040\" rel=\"nofollow noopener\">KVUE.com\/Boomtown<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The $20 billion &#8220;Terafab&#8221; plant will be built near Tesla&#8217;s campus in eastern Travis County. AUSTIN, Texas \u2014&hellip;\n","protected":false},"author":2,"featured_media":215662,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[132,134,133],"class_list":{"0":"post-215661","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-austin","8":"tag-austin","9":"tag-austin-headlines","10":"tag-austin-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/215661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=215661"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/215661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/215662"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=215661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=215661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=215661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}