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SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn

The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […]

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Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre

The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind of corporate transformation that is supposed to take years, and Hut 8 has done it in roughly 18 months. […]

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Ametek to buy Indicor’s instrumentation businesses for $5bn, the largest CD&R partial exit of 2026

Clayton, Dubilier & Rice banks one of the cleanest mid-market industrial partial exits of 2026, three and a half years after carving the portfolio out of Roper Technologies. Ametek pays a full multiple for picks-and-shovels exposure to the AI-infrastructure trade. Ametek, the Pennsylvania-based scientific-and-industrial-instrumentation company, has agreed to acquire the test-and-measurement businesses of Indicor for […]

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Thailand approves $29bn in projects, with TikTok’s ₿842bn data-centre expansion alone worth $25bn

Bangkok’s Board of Investment cleared six major investments on Wednesday. Three of them are data centres. The headline is the TikTok number, but the larger story is what Thailand is becoming inside the regional AI infrastructure trade. Thailand’s Board of Investment is, on most readings, an institutional body whose press releases attract limited international attention. […]

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