Chip Stocks to Benefit from Musk's Terafab Plans: ASML, KLAC, AMAT, LRCX, TEL, TER.

Elon Musk's proposed Terafab project could shift investor sentiment across the chip-equipment sector, with ASML, KLAC, AMAT, LRCX, TEL, and potentially TER as potential beneficiaries. Mizuho notes that the project requires massive capex and new production tools, with power needs calling for up to a terawatt and around 1 billion NVDA GPUs per year. The project is expected to roll out in phases, beginning with $20B for new equipment in 2026.