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Elon Musk has a plan to build one of the world\u2019s most ambitious microchip factories. There\u2019s just one minor issue. \u201cI have no idea how to make microchips,\u201d Musk told customers and investors Saturday during the X Takeover event, according to Business Standard<\/a>, adding \u201cwe\u2019ll figure it out.\u201d<\/p>\n Musk is preparing to build a massive semiconductor factory called Terafab in Texas, a venture involving Tesla and SpaceX, with Intel participating in the project. The factory calls for an initial investment exceeding $15 billion and is expected to create 3,000 jobs.<\/p>\n Musk believes his companies can eventually outperform established chipmakers like TSMC, Samsung and Intel. \u201cWe\u2019ll figure out how to make chips better than anyone,\u201d he said, acknowledging that the process could take several years.<\/p>\n His strategy involves starting with conventional chipmaking equipment, then modifying it to improve production speed. Musk said his companies\u2019 experience developing customized manufacturing machinery could give him an advantage.<\/p>\n Still, he called semiconductor manufacturing \u201cone of the hardest things to do in the world.\u201d<\/p>\n<\/p><\/div>\n Elon Musk has a plan to build one of the world\u2019s most ambitious microchip factories. There\u2019s just one minor issue. \u201cI have no idea how to make microchips,\u201d Musk told customers and investors Saturday during the X Takeover event, according to Business Standard<\/a>, adding \u201cwe\u2019ll figure it out.\u201d<\/p>\n Musk is preparing to build a massive semiconductor factory called Terafab in Texas, a venture involving Tesla and SpaceX, with Intel participating in the project. The factory calls for an initial investment exceeding $15 billion and is expected to create 3,000 jobs.<\/p>\n Musk believes his companies can eventually outperform established chipmakers like TSMC, Samsung and Intel. \u201cWe\u2019ll figure out how to make chips better than anyone,\u201d he said, acknowledging that the process could take several years.<\/p>\n His strategy involves starting with conventional chipmaking equipment, then modifying it to improve production speed. Musk said his companies\u2019 experience developing customized manufacturing machinery could give him an advantage.<\/p>\n Still, he called semiconductor manufacturing \u201cone of the hardest things to do in the world.\u201d<\/p>\n<\/p><\/div>\n