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elon musk NEW SIZE \u00a9Traders Union <\/p>\n elon musk NEW SIZE \u00a9Traders Union <\/p>\n
Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX).<\/p>\n
The appearance comes as investors await the pricing of SpaceX\u2019s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.<\/p>\n
Focus on AI, Robotics and Chip Production <\/p>\n
According to ASML, Musk\u2019s presentation will cover a range of emerging technologies and long-term industrial ambitions.<\/p>\n
\u201cMusk will share his vision on AI, robotics, space, and semiconductor manufacturing,\u201d an ASML spokesperson said in a statement.<\/p>\n
ASML described the gathering as its annual one-day technology conference, an event reserved exclusively for employees. The company declined to disclose the exact timing of Musk\u2019s appearance, although the conference is scheduled to conclude at approximately 5 p.m. (1500 GMT).<\/p>\n
Terafab Could Become Major ASML Customer <\/p>\n
Interest in the event is heightened by the growing attention surrounding Terafab, Musk\u2019s proposed semiconductor manufacturing venture.<\/p>\n
Last month, ASML Chief Executive Christophe Fouquet confirmed that discussions had taken place with Musk regarding the project. If developed as planned, Terafab could become a significant customer for ASML, which is Europe\u2019s most valuable listed company by market capitalisation.<\/p>\n
ASML dominates the global lithography equipment market, supplying the advanced systems used to transfer microscopic circuit designs onto semiconductor wafers.<\/p>\n
SpaceX and Intel Expected to Support Project <\/p>\n
Musk has previously stated that SpaceX intends to work alongside Intel on the Terafab initiative, with the long-term goal of producing chips for both SpaceX operations and Tesla\u2019s Optimus humanoid robots.<\/p>\n
In March, Musk outlined plans for an initial development facility in Texas that would manufacture lithography masks, which contain the circuit patterns used in semiconductor production through ASML equipment.<\/p>\n
The facility is intended to accelerate the prototyping of both logic and memory chips by bringing key manufacturing processes together under a single roof.<\/p>\n
Growing Role in the Semiconductor Industry <\/p>\n
ASML suggested that Musk\u2019s ambitions are drawing him deeper into the global semiconductor ecosystem and creating opportunities for collaboration across the industry.<\/p>\n
\u201cMusk and his team are becoming part of the broader semiconductor ecosystem, and many companies, including ASML, will collaborate on this initiative,\u201d ASML said.<\/p>\n
The comments underline the potential strategic significance of Terafab as demand for advanced chips continues to rise across artificial intelligence, robotics and aerospace applications.<\/p>\n
Musk Praises ASML Ahead of Conference <\/p>\n
Musk has also publicly expressed admiration for ASML and its position within the global technology supply chain.<\/p>\n
In a post published on X on June 6, he described ASML as \u201carguably the greatest company in Europe\u201d and said it should be \u201ctreasured and supported.\u201d<\/p>\n
His remarks highlight the growing relationship between his technology ventures and one of the semiconductor industry\u2019s most important equipment suppliers as SpaceX prepares for its landmark public listing.<\/p>\n
Tesla stock price<\/p>\n
SpaceX IPO<\/p>\n
Want to stay up-to-date on the SpaceX IPO? Find the top asked questions from investors and follow their every move here: https:\/\/invest.investorshub.com\/spacex-ipo-watch\/<\/p>\n","protected":false},"excerpt":{"rendered":"elon musk NEW SIZE \u00a9Traders Union Elon Musk is set to make a virtual appearance at a technology…\n","protected":false},"author":2,"featured_media":21210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[65,8,1774,3754,15928],"class_list":["post-21209","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asml","tag-asml","tag-elon-musk","tag-semiconductor-manufacturing","tag-spacex","tag-spacex-ipo"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/21209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/comments?post=21209"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/posts\/21209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media\/21210"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/media?parent=21209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/categories?post=21209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/netherlands\/wp-json\/wp\/v2\/tags?post=21209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}