"The super-factory will alter everyday life. If it actually happens. The announcement of Terafab was made at a decommissioned power plant, reflecting Elon Musk’s understanding of stagecraft: The ruined infrastructure of one era makes a convenient altar for the next. On March 21 and 22, 2026, at the Seaholm Power Plant in Austin, Musk presented Terafab. It is either the most ambitious semiconductor manufacturing project in history or a very expensive project that may not come to be. Terafab is a plan to build vertically integrated chip-manufacturing capacity in Austin, combining under one roof the design, fabrication, packaging, and testing...