U.S. Stocks Move | Tesla (TSLA.US) Rises Over 3% as Terafab AI Chip Super Factory Project Launches

According to Zhihu Finance APP, on Friday, Tesla (TSLA.US) rose more than 3% to $330.23. In terms of news, on August 7, SpaceX and Tesla jointly announced the launch of the Terafab project, with an initial investment of $16.8 billion, aiming to narrow the gap between global chip supply and the over 1 terawatt of computing power the two companies are expected to need in the coming years. Elon Musk estimated that about 25% of the AI computing power will be used for the Tesla Optimus robot and 75% for AI spacecraft.