Intel Stock Rebounds Following Musk's Terafab Project Clarifications

Key Facts

1Intel stock rebounded after a 6% weekly decline following clarifications from Elon Musk regarding the Terafab chip project.

2Elon Musk signaled the potential involvement of TSMC in the joint chip project between SpaceX and Tesla.

Intel stock rebounded after a 6% weekly decline following clarifications from Elon Musk regarding the Terafab chip project. Musk signaled the potential involvement of TSMC in the joint chip project between SpaceX and Tesla, Barron's reported.

INTC closed at $112.5 on October 6, 2026, while TSM closed at $482.3 on the same date. Additionally, TSLA recorded a close of $380.68, and SPCX stood at $171.92 on October 6, 2026.