SK Hynix ADRs Open At $170, Tapping Wall Street Liquidity To Fuel Korea's AI Memory Boom

Britain Bets On Hydropower To Boost Energy Security Authored by Felicity Bradstock via OilPrice.com, Britain has provisionally approved three major pumped storage hydropower projects in Scotland, the first of their kind in more than 40 years. Pumped storage facilities will act as large-scale energy storage systems, helping balance intermittent wind and solar generation. The projects are expected to improve energy security, reduce reliance on imported fossil fuels, and support the U.K.'s decarbonisation strategy. After years of neglect, the United Kingdom has big plans for hydropower as part of broader plans for a green transition....

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...

Al 'Mr.Impeachment' Green Out As Crypto-Backed Candidates Win Key Texas Primary Runoffs Authored by Christina Comben via CoinTelegraph.com, Crypto-backed political groups supported several winning candidates in Texas primary runoffs Tuesday, highlighting the digital asset industry’s growing role in US elections as Congress debates new rules for crypto markets. Attorney General Ken Paxton won the Republican US Senate runoff against four-term Senator John Cornyn by a wide margin, according to Texas primary runoff results, and will face Democratic state Representative James Talarico in November. In Houston’s 18th Congressional District, Democrat Christian Menefee unseated fellow Democrat representative Al Green...