Twitter/X

Coatue CIO of Public Investments Jaimin Rangwalla called Intel "the forgotten…

2026-08-06 · 19:23 UTC ·@sourceryy ·1 min read

Brief

Coatue CIO Jaimin Rangwalla praised Intel's turnaround, calling it a once-ignored firm with an "amazing CEO" and urging simple investment theses. Intel publicly joined the Terafab partnership with SpaceX, xAI, and Tesla on 2026-08-06, targeting 1 TW/year of compute for AI/robotics, and hosted Elon Musk that weekend as a perceived endorsement.

Why it matters

Coatue CIO of Public Investments Jaimin Rangwalla called Intel "the forgotten child in semiconductors," added "they have an amazing CEO now," and argued "Some of the best theses are simple theses. You don't want to overthink it."

Key details

  • Intel announced joining the Terafab project with SpaceX, xAI, and Tesla to "refactor silicon fab technology" and aims to produce 1 TW/year of compute to power future AI and robotics (tweet dated 2026-08-06).
  • Rangwalla framed Elon Musk's participation—Musk visited Intel "this past weekend"—as a stamp of approval for Intel's resurgence and the Terafab partnership.
Source evidence

Coatue (@coatuemgmt) CIO of Public Investments Jaimin Rangwalla on Intel getting the stamp of approval from @elonmusk for the Terafab project:

"Intel for years has been the forgotten child in semiconductors."

"But they have an amazing CEO now."

" Some of the best theses are simple theses. You don't want to overthink it."

Video

Intel (@intel)

Intel is proud to join the Terafab project with @SpaceX, @xAI, and @Tesla to help refactor silicon fab technology.

Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics.

It was fun hosting @elonmusk at Intel this past weekend!

— https://nitter.net/intel/status/2041501301318766866#m