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Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin
Tesla And SpaceX To Build Massive "Terafab" Chip Factory In Austin
Elon Musk announced that his proposed “Terafab” chip factory will be built in Austin and operated jointly by Tesla and SpaceX, according to Yahoo Finance and Bloomberg.
The plan is to start with a smaller, highly advanced fabrication facility capable of producing and testing a wide range of chips, before expanding to a larger operation.
Musk argues the semiconductor industry isn’t scaling fast enough to meet his companies’ growing demand for AI and robotics, so he sees building his own supply...
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Jun 18, 2026 / Tyler Durden
Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'
Iran 'MOU' Deal Triggers Traders To Use 'Semis-Energy' Barbell As 'Source Of Funds'
Via Remix News,
Sweden has passed a new migration law that will allow residence permits to be refused or revoked if foreign nationals are deemed not to have lived in an orderly manner, marking another major tightening of the country’s immigration system.
The Swedish Parliament adopted the government’s amendments to existing immigration laws on Monday by 302 votes to 44, with the Left Party and the Green Party voting against the measure. The changes will mainly come into force...
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Jun 17, 2026 / Tyler Durden
California Has Gay-Certification Program To Tap Into $633 Million For "LGBT" Businesses
California Has Gay-Certification Program To Tap Into $633 Million For "LGBT" Businesses
Authored by Christopher F. Rufo & Austen Hufford via City Journal,
Americans are used to handouts for favored groups. Affirmative action in university admissions, corporate “diversity” initiatives, and minority-owned contracting requirements direct opportunities, resources, and contracts to supposedly “oppressed” groups, such as women, Native Americans, blacks, and Hispanics.
In California, state Democrats have embraced another kind of favoritism: contracts for state-certified gay-owned businesses.
The scheme operates through the California Public Utilities Commission (CPUC), which regulates privately owned utility companies. California utilities...
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May 7, 2026 / Tyler Durden
Over 80% Of Young Adults Believe Economy Is 'Bad/Terrible' And We're Seeing The Consequences All Over America
Over 80% Of Young Adults Believe Economy Is 'Bad/Terrible' And We're Seeing The Consequences All Over America
Authored by Michael Snyder via The Economic Collapse blog,
Decades of economic decline have brought this country to a breaking point. The vast majority of the population is barely scraping by from month to month as prices continue to rise, thousands of stores and restaurants close, foreclosures spike to alarming levels and the middle class continues to shrink. Now the crisis in the Strait of Hormuz threatens to make things a whole lot worse,...
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