TerraFab targets 1 million wafers per month by 2032… Report says Google plans to launch 2 TPU types next year

Elon Musk’s semiconductor manufacturing venture Terafab has set a target of producing 1 million wafers per month by 2032, with 700,000 wafers allocated to memory chips and 300,000 to logic chips, according to a plan relayed to semiconductor equipment suppliers and reported by Huoxing Caijing. The figure represents future capacity rather than current output, and the 700,000 memory wafers refer to wafer starts rather than finished memory chip shipments. Terafab’s procurement team reportedly visited Japanese equipment vendors in early November, signaling early supply-chain groundwork for the plan. The disclosure matters because it offers a concrete long-term demand signal for chipmaking equipment makers at a time of uncertainty over AI-driven capacity buildouts. What to watch next is whether equipment suppliers begin adjusting order books and capacity planning around Terafab’s 2032 target, and how the memory-versus-logic split shapes demand for specific tool types.