Keywords: Texas


Tesla and SpaceX unveil $16.8 billion Terafab project to expand advanced chip manufacturing

Tesla and SpaceX have announced plans for a major semiconductor manufacturing initiative known as Terafab, a project valued at approximately $16.8 billion that aims to strengthen advanced computing capabilities for future technologies. The planned facility in Texas reflects the growing importance of......

Meta and BlackRock invest $14 billion in major AI data center project

Meta Platforms and BlackRock have announced a major joint investment project to develop a large-scale data center campus in Texas, with total investment expected to reach approximately $14 billion. The initiative highlights the growing global demand for infrastructure capable of supporting the rapid......

Oil prices surge above $100 as Red Sea tensions threaten global supply routes

Global oil markets faced renewed pressure on Thursday as escalating tensions in the Red Sea pushed crude prices sharply higher, with Brent oil climbing above the $100 per barrel threshold for the first time since May. The surge reflects growing concerns over potential disruptions to global energy supplies......

BlackRock prepares $12 billion-plus bond sale to finance major Texas data center project

BlackRock, the world's largest asset manager, is preparing to raise more than $12 billion through a major bond offering to help finance the development of a large data center campus in Texas, highlighting the growing flow of investment into infrastructure supporting artificial intelligence and advanced......

Samsung restructures US consumer electronics business with headquarters relocation to Texas

Samsung Electronics is reshaping its consumer electronics operations in the United States through a major organizational restructuring that combines workforce reductions with the relocation of its American headquarters from New Jersey to Texas. The move affects hundreds of employees within Samsung Electronics......

SpaceX aborts Starship launch seconds before liftoff after engine issue

SpaceX called off the latest test launch of its Starship rocket just moments before liftoff after a technical issue affected several of the launch vehicle's engines, forcing the automated safety system to halt the countdown. The launch was scheduled to take place from Starbase, the company's......

Trump announces Republican conference ahead of U.S. midterm elections

U.S. President Donald Trump has announced plans to host a major Republican conference ahead of the 2026 midterm elections, aiming to strengthen party unity and reinforce Republican momentum as the campaign season intensifies. The two-day event is scheduled to take place in Dallas, Texas, in September......

Chevron and Microsoft bet on natural gas to power artificial intelligence data centers

Energy giant Chevron and technology leader Microsoft have entered into a long-term agreement aimed at powering large-scale artificial intelligence data infrastructure using electricity generated from natural gas, highlighting the growing energy demands of the digital economy. Under the agreement, Chevron......

Republicans urge Trump to deploy $350 million fund as Texas senate race tightens

Republican leaders are increasingly calling on former President Donald Trump to use his substantial political fundraising resources to support Texas Attorney General Ken Paxton in a closely watched U.S. Senate race that has become more competitive than expected. Paxton, who secured the Republican nomination......