Intel Corporation (NASDAQ: INTC) will continue its partnership with Elon Musk’s Terafab chipmaking venture, according to a report from Bloomberg.
The news outlet reports that the collaboration remains active, with Intel continuing to work on the project. The specific details of the manufacturing arrangement or the scope of the partnership were not detailed in the provided text.
Terafab is a venture associated with Elon Musk, though the report does not specify the exact nature of the company or its relationship to Musk’s other ventures.
Intel’s stock was trading at $112.70 at the time of the report.