Tesla completed a tape-out for its upcoming AI5 computer chip, which will be deployed in projects such as the Optimus humanoid robot and the Cybercab self-driving vehicle. The AI5 chip has been sent to Samsung and Taiwan Semiconductor, with manufacturing planned to ramp over the next 12 to 18 months. Tesla's latest chip boasts a 40x performance boost over the previous generation. The company plans to build its own semiconductor manufacturing facility, called Terrafab, in Texas in conjunction with Space Exploration Technologies and Intel. Tesla is already working on designs for the AI6, which is reportedly being manufactured by Samsung. Tesla's market cap is $1.4 trillion, with a price-to-earnings ratio of 348.