On Thursday, Intel (INTC.US) rose more than 4%, reaching $67.71. The increase follows an internal memo from Intel CEO Lip-Bu Tan to employees last week, committing to disclose the scope and nature of the company's involvement in the Terafab project within weeks. This signals that the ambitious initiative, aimed at reshaping the semiconductor manufacturing landscape, is accelerating its public implementation. The near-term goal for Terafab is to establish a pilot production line in Austin, Texas, with plans to commence silicon wafer manufacturing in 2029 and an initial monthly capacity target of 3,000 wafers. According to earlier media reports, the Terafab team has sent requests for quotations to major equipment suppliers such as Applied Materials, Tokyo Electron, and Lam Research, demanding rapid responses. The project's ultimate vision is to achieve an annual supply of 1 terawatt of computing power, directly challenging TSMC's dominance in advanced process technologies. Analysts at Bernstein estimate the total capital expenditure required for the project's full implementation could range from $5 trillion to $13 trillion.