TokenPost topic
Texas
75 TokenPost stories are tagged Texas. The newest appear first.
Latest Texas stories
- Gina Hinojosa’s Texas Win Puts Data Center Policy in Focus
Hinojosa has called for a pause on new projects until protections for power, water and local communities are established. Abbott previously ordered a halt to data-center permits pending an ERCOT audit.
· Regulation
- James Talarico Wins Texas Senate Seat, First Democrat in Over 30 Years
The state representative and former public school teacher campaigned on faith, education and taking on big-money donors.
· People
- NPK International Cuts 2026 Revenue Outlook After Texas Rental Delays
The company now forecasts adjusted EBITDA of $90 million to $93 million for 2026. It expects rental and services revenue to grow in the mid-teens year over year in the fourth quarter.
· Business
- Chevron Expects to Keep Microsoft Data Center Power Timeline
Project Kilby near Pecos is designed to run on power from a co-located natural gas facility under a 20-year agreement with Microsoft.
· Business
- Curtiss-Wright Plans $30 Million Texas Sensor Facility Expansion
The project will increase pressure and temperature sensor capacity and add space for testing, innovation and future control products.
· Business
- Court Approves Poolin-Linked Texas Mining Sale for Up to About $180 Million
The terms include $100 million at closing and up to $80 million tied to later milestones. A proposed Dec. 31, 2026, claim deadline is set for consideration at a Nov. 10 hearing.
· Regulation
- Texas Regulator Says Filing System Is Temporarily Down for Data Center Review
The notice gives no shutdown or reopening date. Gov. Greg Abbott ordered a pause on related permits until ERCOT completes its review.
· Regulation
- About 35% of Planned U.S. Data-Center Capacity May Be Built
Power-connection requests in Texas exceed five times the state’s existing electricity supply, while some large proposals lack power, permits or customers.
· Technology
- Gilead to Pay Texas $45 Million to Settle Medicaid Incentive Allegations
The Texas attorney general’s office alleged Gilead offered free nurses and reimbursement support services to influence prescriptions covered by Texas Medicaid.
· Regulation
- Texas Sues OpenAI and Sam Altman, Seeks ChatGPT Ban for Minors
The petition also seeks court-approved review of new models’ safety guardrails, more than $1 million and civil penalties of up to $10,000 per violation.
· Regulation
- Texas Data Center Demand Could Lift Power-Sector NOx 136% by 2031
In the grid-mix case, NOx rises 136% from 2025 levels, while on-site solar and wind cut projected NOx and CO2 by about two-thirds versus grid-only power.
· Technology
- Woodside to Begin Process to Reduce Investment in Texas Ammonia Project
Third-quarter output averaged 0.8 kilotonnes per day, down from 1.8 in the second quarter amid feedstock constraints and a monthlong shutdown.
· Business
- NRC Staff Recommend Licenses for Fermi’s Four Texas Reactors
The preliminary recommendation depends on a completed safety review and could change if safety issues require otherwise. Public comments on the draft environmental statement are due Nov. 23.
· Regulation
- Taiwan Plans Texas Supplier Park That Could Cost Up to $4 Billion
The plan targets smaller suppliers serving Taiwan’s chip and AI-server sectors, with private businesses providing funding and the government offering assistance.
· Business
- Morgan Stanley Leads Fundraising for Planned Brownsville Refinery
The proposed facility is designed to process about 60 million barrels of U.S. light shale oil a year. The amount sought in the current raise has not been disclosed.
· Business
- TSMC Says It Must Operate Any Fab Tied to Musk's Terafab
Musk has described his affiliates as Terafab's operators and said TSMC could at most lease production capacity.
· Business
- Lockheed Martin Plans $300 Million Texas Expansion, 6,000 U.S. Jobs
The Grand Prairie project includes 2,000 Texas jobs and is intended to support advanced manufacturing and faster munitions production.
· Business
- Ambrosia Energy Begins Work on 10-GWh Texas Battery Factory
The 150,000-square-foot facility near Austin is expected to reach full production in two to three years as the startup develops power plants for data centers.
· Technology
- Fermi Inc. (FRMI) Shares Jump 12.9% on AMD Credit-Support Deal
The agreement covers Fermi’s lease for Phase 1 of Project Matador, an energy and artificial intelligence facility in Texas.
· Business
- Bank of America Says U.S. Stocks Could Fall More Than 10% Under Democratic Sweep Scenario Including Texas
The conditional scenario includes Democratic control of Congress and a Democratic win in Texas, with weaker AI shares, the dollar and bond yields also at risk.
· Investing
- U.S. Lenders Completed Foreclosures on 5,794 Properties in August
Completed foreclosures rose 42% from a year earlier, while Texas led states in repossessions and Florida recorded the most new foreclosure starts.
· Business
- Texas Puts Data-Center Permits on Hold as ERCOT Considers 474 GW in Requests
Gov. Greg Abbott’s order expands a regulatory pause as Texas reviews grid demand, water use, infrastructure costs and project ownership.
· Regulation
- Texas Directs TCEQ To Halt Data-Center Permits Amid AI Boom
The directive pauses permits pending an ERCOT audit and adds reviews of grid costs, electricity use and water demand as data-center power needs rise.
· Regulation
- Musk Says Tesla and SpaceX Will Build and Run Texas Terafab
The companies will operate the AI-chip factory themselves, while TSMC may lease only part of the facility.
· Technology
- TSMC Shares Close at Record $485.95 as Terafab Talks Draw Attention
The U.S.-listed shares gained 2.786% on Oct. 5. Elon Musk’s Oct. 3 post did not confirm a deal or TSMC’s role in Terafab.
· Business
- Hut 8-Linked Bidder Stays in Race as Poolin Restarts $180M Auction
The Texas Bitcoin mining asset auction will reopen Oct. 2 after Poolin selected a $140 million offer amid bidding disputes.
· Business
- Hut 8 Stays Lead Bidder as Poolin Texas Assets Return to Auction
The proposed deal includes $100 million at closing and up to $80 million in milestone payments tied to future data-center development.
· Business
- New Jersey Court Approves Oct. 2 Auction of Poolin’s Texas Assets
A Hut 8-affiliated company will remain the stalking-horse bidder, with total consideration potentially reaching $180 million.
· Regulation
- TSMC's U.S. Expansion Includes Six Arizona Fabs and $165 Billion Investment
A potential second site near Dallas could include six advanced wafer fabs, but TSMC has not confirmed the project, investment amount, schedule or technology plans.
· Business
- Soluna, Bitdeer Raise Texas Bitcoin Mining Deployment to 35 MW
The revised agreement expands Bitdeer’s deployment at Soluna’s wind-powered Project Kati 1 from about 28 MW.
· Business
- Bitdeer Plans 28 MW Bitcoin Mining Deployment at Texas Wind Site
The deployment at Soluna’s 83 MW Project Kati 1 is scheduled to begin in Sept. 2026 and could add about 1.93 EH/s under a revenue-sharing model.
· Business
- MARA Pays $100 Million Deposit for Texas Data Center Project
The planned Matagorda County site spans more than 1,200 acres and is designed for high-performance computing and Bitcoin mining, with up to 2 gigawatts of power capacity.
· Business
- Hut 8 Wins $140 Million Bid for Poolin’s Texas Data Centers
The bid covers Poolin’s Pyote and Tarbush sites and is about 2.7 times the stalking-horse offer that opened the auction.
· Business
- IREN Powers 1.4 Gigawatt Texas Data Center, Accelerating AI Infrastructure Push
IREN energized its 1.4-gigawatt Sweetwater 1 data center in Texas, advancing its shift from Bitcoin mining to AI-focused infrastructure and cloud services.
· Business
- IREN Delivers 1.4 Gigawatts to Texas Data Center, Advancing AI Infrastructure Push
IREN has begun delivering 1.4 gigawatts of power to its Sweetwater 1 site in Texas, strengthening its position in scaling AI-focused data center infrastructure.
· Business