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Cipher Digital has raised $810 million through junk bonds to fund a new data center in Texas, which Amazon will lease for 15 years. The project is part of a growing trend of infrastructure investments in the region.
SpaceX plans to invest $55 billion in a new AI chip manufacturing facility in Texas, signaling a major entry into the semiconductor industry. The move could reshape the AI chip market and reduce reliance on foreign manufacturing.
Intel has joined SpaceX and Tesla in a new U.S. semiconductor factory project in Texas, marking a significant step toward domestic chip production. The move aligns with national security priorities and aims to reduce reliance on foreign manufacturing.
