Iola Independent School District (ISD) and Anderson-Shiro Consolidated Independent School District (CISD) both voted to pass a partial tax abatement deal for SpaceX’s “Terafab” project in Grimes County.
Each phase of the four-phase Jobs, Energy, Technology, and Innovation (JETI) application was approved by a vote of 5 to 2 in both Iola ISD and Anderson-Shiro CISD on Tuesday.
SpaceX is a space exploration company founded by tech magnate Elon Musk, who serves as its CEO and chairman. The company is collaborating with computer company Intel and electric vehicle company Tesla, of which Musk is also the CEO, on the Terafab project.
Terafab is a proposed semiconductor megafacility that intends to produce chips for AI computing both on earth and in space. SpaceX calls the project “the most epic chip-building effort ever,” and aims to produce up to one terawatt — one million megawatts — of AI compute capacity annually. The project is projected to cover 100 million square feet of the Brazos Valley, with a projected investment of $119 billion.
The project will supposedly create thousands of temporary and permanent jobs in the area.
Grimes County, an agricultural county within the Brazos Valley, has a population of about 30,000. The proposed Terafab project’s reinvestment zone — the area of land proposed by SpaceX to qualify for tax abatement — would cover areas under the jurisdiction of Iola ISD and Anderson-Shiro CISD.
Last month, the Grimes County Commissioners Court agreed to a 35-year tax abatement over the proposed build, which will provide the county with $20 million per year for its 35-year duration. The abatement will be accomplished through a payment in lieu of taxes or “PILOT” program.
A multi-phased project, SpaceX’s phase one investment in Iola ISD would amount to over $6 billion, and for Anderson-Shiro ISD, phase one would bring in over $10 billion to the district.
While I’m philosophically opposed to special tax breaks for large corporations, this is a far cry from some of the old “we pay nothing forever for the privilege of placing our factory in your Podunk town” deals of the past. When you’re talking billions, that’s a considerable amount of cheddar for a rural school district. And a cutting-edge semiconductor fab is the sort of thing that’s going to be generating jobs and taxes for a long, long time, and nobody is ever going to close the fab and move those jobs to China.
Through Texas’ JETI program — created by the 88th Legislature in 2023 — Terafab is able to apply for a tax abatement deal with school districts; the company, relevant school districts, and the governor’s office enter into a 10-year agreement. If the company meets investment and job creation requirements, the agreement serves to limit the taxable value of the project for school district maintenance and operations taxes.
“The point of the JETI is the tax revenue, bringing in the investment to the local community,” stated Alec Pointer, president of Iola ISD’s school board, during a public hearing last week.
Pointer added that SpaceX will pay 92 percent of the bond debt in Iola ISD.
While there are some additional regulatory clearances, I have to assume at this point that the fab is all but a done deal.
A class action lawsuit has been filed against memory giants Samsung, SK Hynix, and Micron alleging the nefarious, cartel like action of…making the products with the highest profit margins.
The world’s biggest memory chip makers are once again facing accusations of manipulating prices.
A class-action lawsuit filed on Thursday, June 25, in a California federal court alleges that Samsung Electronics (SSNLF), SK Hynix (SKHY), and Micron Technology (MU) coordinated to restrict DRAM supply and push prices sharply higher during the AI boom.
The complaint, filed in the US District Court for the Northern District of California under case number 3:26-cv-06345, claims the companies reduced production of traditional DDR3 and DDR4 memory while shifting capacity toward high-margin AI memory products such as HBM chips used in data centers.
Not to mention DDR5.
However, the companies have not been found liable for now, and no trial date is set.
According to the lawsuit, DRAM prices have surged nearly 500%-700% over the past four years, reported Time of India. Plaintiffs argued that in a competitive market, rising prices should attract more supply, but production cuts continued instead.
Snip.
According to Jefferies, memory prices could rise another 40%-50% next quarter and 30%-40% more in the following quarter, reported analysts like Bull Theory on X, with normalization unlikely before 2028. The rising memory costs are already filtering into consumer electronics prices worldwide.
Does this situation suck if you’re trying to buy or build a new PC with lots of RAM? Absolutely. But there’s no nefarious market coordination at work among those big three, just the confluence of a variety of market trends. So let’s break it down:
Manufacturers switching production from a less profitable product to a more profitable product isn’t some nefarious conspiracy, it’s how the market works. If they’re getting premium pricing for HBM memory that sells out instantly for the AI bubble, that’s what they’re going to produce. A whole lot of tech companies depended on the spot market for RAM because it gave them more flexibility and costs savings, but now it’s biting them in the ass. Their lack of foresight does not indicate a conspiracy or market failure.
Why are there only three big RAM manufacturers? Because a whole lot of other companies dropped out of the market because the game became too expensive to play. RAM makes money hand-over-fist during boom times (like now), but barely breaks even during busts. A whole lot of different companies used to produce memory, Intel and Texas Instruments among them. Remember when Japan Inc. was going to take over the world and the Japanese semiconductor giants (NEC, Toshibu, Fujitsu, Hitachi, etc.) were accused (with some justification) of dumping RAM below cost to capture market share with the backing of state agency MITI? None of those Japanese giants are in RAM any more because, in the wake of the Japanese asset bubble busting in 1991, building new state-of-the-art fabs that doubled in price every four years became a game too expensive for them to play.
Rising prices should attract more supply, but it takes about three years and costs about $25 billion to build a state-of-the-art fab. Because standard memory technology still has a capacitance limit, you don’t necessarily need an under-10nm fab, so maybe you can spend a bit less, but you’re still spending over $10 billion on a fab, and you probably still need an ASML EUV stepper, though not the very latest one.
And indeed, Samsung, SK Hynix, and Micron all have two new fabs each in the pipeline scheduled to come online this year through 2028. The Micron and SK Hynix fabs will both be dedicated to producing memory. As for Samsung (which has a lot of fingers in a lot of semiconductor pies), I would guess their newest South Korean fab will be dedicated to memory, while their 4-5nm Taylor, Texas fab will not. Building new fabs are not the actions of monopolists who want to artificially constrain supply.
Indeed, the “they’re artificially constraining supply” nonsense suggests that they’re producing fewer memory chip than they could otherwise, and that’s just not how the industry works. Fab production lines run 24/7/365 (indeed, they pay technicians triple to work Christmas), because every hour a modern fab is down they’re losing millions in lost profit.
Building new fabs is still a risky bet, because the industry is extremely cyclical. No matter how furious the boom now, the next bust is always around the corner. Back when I was working at Applied Materials, the cycle was described as trains linked together with slinkys. First software takes off, then hardware gets yanked along, then the chip manufacturers get yanked, and then, finally, semiconductor equipment manufacturers get yanked into motion, and shortly after that happens, the bust hits the front of the train, and the trailing cars all crash into each other. (The standing joke at Applied Materials was that you could tell the bust was on the very moment the company broke ground on a new manufacturing facility.) Build a new $25 billion fab at the wrong part of the cycle and it could take a company much longer to amortize it than they expected. That’s why so many companies switched to the foundry model.
Speaking of foundries, could they be a solution to the memory crunch? Potentially, but there you’re running into the same AI boom-induced wafer start constraints that plague the memory sector. TSMC is fabbing AI chips for Nvidia (and most of its competitors) as fast as it possibly can. Maybe they can profitably book runs on slightly older (but not “mature”) TSMC fabs, but they’re still competing with every other fabless company supporting the AI build-out for the same wafer starts. A whole lot of different silicon goes into a data center.
Could an existing semiconductor manufacturer jump into the existing space? Yes, and in fact Intel has announced plans to do just that, though evidently with their own proprietary, next gen “Z-Angle Memory (ZAM),” which isn’t going to do squat to relieve this year’s DDR3/4/5 shortage. Still, they have enough slightly trailing edge fabs to do it, though Intel has had trouble executing at speed in the past.
Could another company jump into the semiconductor fab race as an integrated device manufacturer for memory? Risky but possible. Someone like Apple could decide that memory shortages are an existential threat to its business model and spend the tens of billions to get into the game. And indeed, Apple is already spending some $500 billion to reshore its supply chain back into the US, so that would fit right in. Apple could potentially contract with TSMC (or even Micron) to build and run a memory fab. (Samsung is a trickier proposition, since the two are fierce competitors as the biggest smartphone manufacturers in the world, but there’s still a lot of “cooperatition” between the two, so it’s not beyond the realm of possibility.) But the three year lead time still applies.
Entire tech boom and bust cycles have come and gone in an era in which RAM is cheap and plentiful, a situation people have come to think of as “normal.” Just as with higher credit rates, a whole lot of business models that were viable in an era of cheap memory are suddenly going to stop being so in an era of scarcity. Some companies will be able to raise prices and remain profitable, and others won’t. Not everyone will be hit, as a lot of embedded devices use older types of memory that hasn’t gone through the roof. There are all sorts of older fabs churning out older types of memory that aren’t relevant to this discussion.
The idea that Samsung and SK Hynix are colluding is particularly laughable, as the two Korean chaebol backing SK Hynix (Hyundai and LG (AKA Lucky Goldstar)) both hate rival Samsung with a passion.
The current shortage, as painful as it is to so many, isn’t the result of a nefarious cartel, it’s just the free market working like it always does at the interface between supply and demand. It’s just that cutting-edge semiconductor supply has a whole lot more lead-time constraints that most other economic sectors.
The AI Bubble seems considerably worse than the Dotcom Bubble (which was only partially about the Internet; updating hardware and software to avoid the Y2K bug also drove a lot of spending in the same timeframe), and its inevitable bursting (or just deflating) is going to relieve pressure on everyone else that needs 10nm or smaller wafer starts.
More Medicare scammers captured, Trump wins multiple border security cases at the Supreme Court, the Supremes also drive a stake through a vampire, Ukraine hits a whole lot of bridges in occupied Crimea, dirty commies win Dem primaries in New York, and Tom Scott looks at some furry workers.
Federal Bureau of Investigation (FBI) Director Kash Patel announced that another suspect on the T White House Task Force to Eliminate Fraud’s new Most Wanted Fraudsters list has been apprehended.
Patel posted on X Saturday that Herbert Leon Kimble, 60, was arrested in the Philippines thanks to the FBI and the Department of Justice (DOJ) task force led by Vice President JD Vance and Acting Attorney General Todd Blanche.
“In just over two weeks, this is the second Most Wanted Fraudster arrested on the FBI’s list led by Vice President Vance and the White House Task Force to Eliminate Fraud,” wrote the director. “Herbert Leon Kimbel was apprehended in the Philippines and is now back in the United States, on the run since 2024 after he allegedly orchestrated a $1.2 billion healthcare fraud conspiracy that targeted the Medicare system – particularly elderly victims – from 2014-2019.”
Kimble of Chicago, Illinois, is accused of targeting Medicare in a “large-scale healthcare fraud conspiracy” via “the improper marketing and distribution of durable medical equipment (DME), particularly orthopedic braces.”
According to the FBI, from 2014 to 2019, he operated a scheme in which victims — often elderly — would be unnecessarily prescribed orthopedic braces for pain relief by telemedicine providers via call centers in the Philippines.
DME suppliers affiliated with Kimble would then bill Medicare for reimbursement, resulting in over $1.2 billion in Medicare charges.
On April 4, 2019, in the District of South Carolina U.S. District Court, he pled guilty to conspiracy to defraud the United States, to make a false claim to a department of the United States, to commit mail fraud, to commit wire fraud, to commit healthcare fraud and to offer kickbacks and bribes in connection with the scheme.
He subsequently failed to appear for his sentencing hearing on August 27, 2024, resulting in the issuance of a federal arrest warrant that same day, charging him with failure to appear.
The FBI offered a reward of up to $150,000 for information leading to his arrest and conviction.
Kimble is the second individual on the most wanted list that has been apprehended.
Last week, Said Abdullahi Ereg, 47, was also arrested after he surrendered to authorities in connection with an alleged $4 million scheme involving the Federal Child Nutrition Program during the COVID-19 pandemic.
Ereg ran a grocery and deli in Minneapolis sponsored by Feeding Our Future. He was initially issued a federal arrest warrant in January 2024 and was indicted in June 2024 by a federal grand jury for conspiracy involving wire fraud and money laundering.
The FBI’s Most Wanted Fraudsters list can be found here.
The Supreme Court this morning, in a pair of 6–3 opinions written by Justice Samuel Alito, gave the Trump administration’s border policies two more big wins. Both pared back humanitarian bases for admitting people into the country. Mullin v. Doe allowed the administration to revoke Temporary Protected Status (TPS) designations granted by the Biden administration — specifically for Haitians and Syrians, but the decision’s logic, which bars judicial review of revocations, would seem to compel the same outcome for Venezuelans. Mullin v. Al Otro Lado allowed immigration officials to prevent people from reaching the border to present asylum claims, because the law allows those claims to be presented by an alien who “arrives in the United States.”
Along with Tuesday’s decision in Blanche v. Lau, which strengthened the government’s power to exclude criminal aliens prior to their convictions, this was a clean sweep for immigration hard-liners. That may take some of the sting out of the Court’s pending decision in Trump v. Barbara, which could come as soon as Monday and is expected to be a loss for Donald Trump’s executive order limiting birthright citizenship.
In the backdrop of Mullin v. Doe are the divergent attitudes of the Biden and Trump administrations toward TPS, but the actual ground of battle, as our editorials have emphasized, is the language of the TPS statute and whether courts should take the written law seriously.
The TPS statute, enacted in 1990, allows the president to designate particular countries as unsafe because of war, natural disasters, epidemics, or other temporary crises and therefore give their nationals temporary protection to stay within this country. Before the statute’s enactment, presidents would sometimes grant such protection as a discretionary matter but with no statutory authorization and, in effect, no rules. In that sense, TPS is like the 1977 tariff statute at issue in Learning Resources: It was designed to provide rules of the road for the executive to follow in responding to emergencies. Prior to 1990, the judiciary had treated these executive decisions as exercises of discretion that courts could not review.
Of course, nothing is so permanent as a temporary government program. For some countries, TPS has been continually in force now for decades, making a mockery of the “temporary” designation. Somalia has had a TPS designation for 35 years, and Nicaragua, Honduras, and El Salvador have been so designated for more than 25 years. Haiti received a TPS designation because of an earthquake 16 years ago.
The statute is written to reflect broad executive discretion. The secretary of homeland security “may” grant TPS to nationals of a particular country based on a series of statutory criteria but is under no obligation to do so. Several of the criteria explicitly reference conditions “temporarily” existing in the foreign country. By contrast, the statute requires TPS to be terminated if the secretary finds that the home country “no longer continues to meet the conditions for designation.” The law thus contemplates ongoing review — the secretary is mandated to conduct a new review at least once every 18 months — and DHS violates the law if it extends TPS when the conditions justifying it no longer exist.
That may be particularly important when a foreign tyranny is suddenly toppled and replaced by a new government, as has happened recently in both Syria and Venezuela. Syria’s designation was applied in 2012 because of the civil war that sought to topple the Assad regime, which ended with Assad’s departure in late 2024. Once TPS is revoked, the affected foreign nationals are given 60 days before they must either leave the United States or secure some other legal basis to stay. The 60-day provision was designed by Congress to accommodate the reliance interests of foreigners here temporarily, who have been given work permits but who knew from the outset that shelter on American shores was explicitly temporary.
The Biden administration tried to lock in its successor on these inherently fluid, temporary foreign policy assessments by granting TPS extensions, in some cases just days before Joe Biden left office. For example, Alejandro Mayorkas, the impeached-but-not-tried secretary of homeland security, extended TPS for Venezuela on January 17, 2025. By contrast, the Trump administration has terminated every TPS it has reviewed, 13 of them so far. Trump has been quite open about this as a deliberate policy.
Can courts review TPS designations? Congress didn’t think so. We know that because Congress said so in terms that could hardly be more explicit: “There is no judicial review of any determination of the [secretary of homeland security] with respect to the designation, or termination or extension of a designation, of a foreign state.” The TPS litigation that has been ongoing since the outset of the second Trump term has dragged on this long because multiple lower court judges (including the Ninth Circuit) decided to judicially review what Congress said explicitly they may not judicially review. As Alito noted, judicial orders stopped Trump from ending TPS for Haiti, Syria, Venezuela, Burma, and Ethiopia and also prevented Trump from ending TPS for Haiti during his first term, in 2018.
Alito began with whether the law written by Congress means what it says, and his opinion is almost comical in attempting to take seriously the ridiculous contention that it doesn’t. “This text is clear, and its plain meaning is very broad,” he noted, and he explained why the word “determination” means decisions that the secretary is empowered and in some cases required to make.
“Supreme Court Drives a Stake Through Hawaii’s ‘Vampire Rule.'”
IAt stake was a Hawaiian statute, Act 52, that inverted the usual presumption that governs public access to generally accessible private property, but only where firearms are concerned. Prior to the passage of Act 52, Hawaiians who were able to obtain carry permits (which, before Bruen, was effectively impossible) were allowed to enter any generally accessible private space while carrying a firearm — unless the property owner explicitly signaled otherwise. After Act 52, Hawaiians with carry permits were allowed to enter any generally accessible private space while carrying a firearm only if the property had signaled that it was acceptable. (Gothic lore holds that vampires must be explicitly invited to enter one’s home before they may cross the threshold. Hence: “vampire rule.”)
As the Court correctly noted, this change — which was made directly after Bruen, and which shifted only the rules governing firearms, and no others besides — was explicitly designed to impede “the ability of law-abiding citizens to exercise the right Bruen recognized as they go about their daily lives.” That being so, it fell.
Writing for the majority, Justice Alito recorded that:
At common law, opening up private property to the general public implies a “license to all persons to enter,” meaning that “no person is a trespasser by merely entering therein” unless the property owner has given “due notice” that such a person is banned.
“Hawaii’s shift from the common-law rule,” Alito concluded, “unquestionably imposes a new and significant burden on the exercise of the right recognized in Bruen.”n a 6–3 vote, the Supreme Court has struck down Hawaii’s “vampire rule” as a violation of the Second and 14th Amendments to the U.S. Constitution. This was the right result, and, once again, it is a disgrace that the decision was not unanimous.
During briefs and at oral argument, Hawaii offered up three main defenses of its law. The first defense was that it has historically had much stricter firearms laws than much of the rest of the United States. Alito dealt with that one quickly:
As the plurality explained in McDonald, the Second Amendment has the same meaning in all parts of the United States. 561 U. S., at 784–785. It cannot give way to “the spirit of Aloha” in Hawaii, contra, State v. Wilson, 154 Haw. 8, 27, 543 P. 3d 440, 459 (2024), any more than it can yield to the spirit of the Big Apple (Bruen) or the Windy City (McDonald).
Aloha, “spirit of Aloha.”
No, Hawaii, you can’t argue that “Historically, Hawaii has ignored the constitution” as an excuse to ignore it further…
The U.S. Department of Justice (DOJ) announced the sentencing eight “North Texas Antifa Cell” operatives to a total of 450 years in prison on Tuesday for their various roles in the July 4, 2025 attack on the Prairieland U.S. Immigration and Customs Enforcement (ICE) Detention Center in Alvarado.
“Testimony and other evidence at trial established that the defendants were members of a North Texas Antifa Cell, part of a larger militant enterprise made up of networks of individuals and small groups primarily ascribing to an ideology that explicitly calls for the overthrow of the United States Government, law enforcement authorities, and the system of law,” a June 23 DOJ press release said.
On July 4 of last year, the Antifa members dressed in dark clothing with head and face coverings, forming a “black bloc” in order to conceal their identities and make them indistinguishable from each other. Evidence revealed they had 11 firearms, body armor, and 11 “military-grade first aid kits with tourniquets and other items to treat gunshot wounds to the scene of the attack.”
They began shooting fireworks and vandalizing vehicles and a guard shack at the property. Alvarado police officers responded to a 9-1-1 call about the attack. Ringleader Benjamin Song was heard on a bodycam recording yelling, “Get to the rifles!” — after which the group opened fire on the officer, hitting him in the neck.
Many of the Antifa members were arrested near the scene, but Song escaped and was not arrested until July 15.
The DOJ said this is the “first sentencing of defendants affiliated with Antifa following President Donald J. Trump’s executive order designating the group as a Domestic Terrorist Organization in September 2025.”
In March, nine of the Antifa members were convicted for “their roles in rioting, using weapons and explosives, providing material support to terrorists, obstruction, and the attempted murder of an Alvarado police officer.”
Of the nine, eight were sentenced on Tuesday, including Song, who received the harshest sentence of 100 years in prison for the attempted murder of the officer. Evidence from the trial showed that Song acquired and distributed firearms to the co-defendants and “recruited members at gun ranges and combat sessions he conducted, as well as from various ideologically aligned groups.”
Maricela Rueda was sentenced to 70 years; Cameron Arnold, Savanna Batten, Zachary Evetts, Bradford Morris, and Elizabeth Soto to 50 years each; and Daniel Rolando Sanchez-Estrada to 30 years.
Ines Soto was granted a continuance and will be sentenced on July 1, along with seven co-defendants who all pleaded guilty to one count of providing material support to terrorists: Seth Sikes, Nathan Baumann, Joy Gibson, Susan Kent, Rebecca Morgan, Lynette Sharp, and John Thomas.
Seven others who pleaded guilty to providing support to the terrorists will be sentenced on July 1.
Fauci, as NIAID director, directed millions in U.S. taxpayer funds (via Peter Daszak of EcoHealth Alliance and other entities) for gain-of-function research on bat coronaviruses in Wuhan.
Fauci had close relationships with intelligence-community leaders and provided hand-picked NIAID-funded scientists as advisors, which was used to promote a natural-origin narrative and downplay the lab-leak theory. Fauci played a direct role, even meeting with the CIA to assist in a coverup.
Fauci LIED to Congress in 2024 when asked about his involvement in these schemes (there is a long trail of evidence proving this).
The Office of the Director of National Intelligence released declassified documents to support her claims, which can be found here.
Ukrainian President Volodymyr Zelenskyy has said that signal repeaters on the territory of Belarus that had been helping Russian drones strike Ukraine ceased operating on 22 June….
“Based on the available information reported to me by the Commander-in-Chief [of the Armed Forces of Ukraine, Oleksandr Syrskyi] and intelligence services, the relevant signal repeaters stopped operating on the territory of Belarus on 22 June. I don’t know yet whether they have been dismantled, to be honest. But we are working on this, and I am keeping a very close eye on the situation and receiving daily reports. It is a fact that the signal repeaters are not operating today.”
On 19 June, Zelenskyy issued an ultimatum to self-proclaimed Belarusian president Alexander Lukashenko, giving him a week to dismantle the signal repeaters used to adjust Russian drone strikes on Ukrainian cities, or Ukraine would do it itself.
Old and busted: Russia puts heavy air defense around Putin’s vacation palace. The new hotness: Russia torn down the palace. Puzzling.
Things went from bad to worse for Democrats on Thursday afternoon after a judge in Virginia issued a preliminary injunction on the “assault firearms” and high-capacity magazine ban that was set to go into effect in the Commonwealth on July 1. The judge from Lancaster County, located in the Northern Neck of Virginia, ruled that the Virginia State Police (VSP) cannot enforce the bans through December 31, 2026 or until a final order is issued.
The lawsuit was brought against the superintendent of the VSP by the Virginia Citizens Defense League (VCDL) and Gun Owners of America (GOA), who took well-deserved victory laps on social media.
New York City Mayor Zohran Mamdani’s endorsement proved influential in three key congressional primary races on Tuesday, as his favored progressive candidates prevailed over opponents more closely aligned with the Democratic establishment.
New York State Assemblywoman Claire Valdez and Harlem community organizer Darializa Avila Chevalier, both of whom were also backed by the Democratic Socialists of America, won races in New York’s seventh and 13th congressional districts, respectively. Meanwhile, former city comptroller Brad Lander, a progressive former DSA member, pulled off an impressive upset over incumbent Representative Dan Goldman in NY-10. Lander is a Jewish progressive who left the DSA in 2023 after it held a pro-Palestinian rally just one day after Hamas’s terror attacks on Israel on October 7, 2023.
Lander and Goldman, who is also a Jewish Democrat, both made their stances on the Israel-Hamas war a key part of their respective campaigns. Lander, who sits to the left of Goldman politically, had criticized his opponent for failing to take a tougher stance on Israel.
Avila Chevalier prevailed over incumbent Representative Adriano Espaillat despite her status as the most controversial of the three Mamdani-backed progressives. While Espaillat is the chairman of the Congressional Hispanic Caucus “who has over the years built a political machine of his own in upper Manhattan and parts of the Bronx,” according to Politico, Avila Chevalier is a first-time candidate who was well known in Harlem for her pro-Palestinian activism but whose unearthed social media posts made her a political liability for the DSA. Those posts included messages blasting Democratic politicians, including one 2021 post in which she wrote “f*** Kamala Harris,” and others against an array of topics from the police to Israel and private property.
Mamdani, for his part, said he wasn’t aware of her past comments when he endorsed her, but he did not pull his endorsement nonetheless.
The mayor also endorsed Valdez in her bid to assume the seat left open by retiring Representative Nydia Velázquez. The outgoing Democratic congresswoman had endorsed Brooklyn Borough President Antonio Reynoso as her replacement. Mamdani and the DSA’s decision to endorse a different candidate led to a falling out with Velázquez, who had been an early supporter of Mamdani’s mayoral run.
In late May Chinese leaders travelled to the Zhoushan National Oil Reserve and discovered the nation’s strategic oil reserves weren’t there. For over a year, the disruption of oil supplies from Venezuela and Iran had left Chinese oil reserves reduced. Despite that, government documents indicated that China still had 1.2 billion tons of oil reserves. That’s equivalent to 8,756,117,022 barrels.
China’s strategic oil reserve, to the surprise of the government officials who went to verify the reserves in May, was instead composed of water, sludge, various debris and overflow from nearby sewer lines.
Because the Americans dominated global energy supplies, the Chinese oil reserve served as a major cushion to any disruptions to Chinese oil imports from the Persian Gulf, especially Iran whose main customer was China. Under America’s global energy stranglehold, Chinese crude oil stockpiles have reached the verge of collapse at the slightest exposure.
The current Chinese vulnerability stems from the American disruption of Venezuelan oil exports to China and more recently a similar situation with Iranian oil exports to China.
China’s strategic oil reserve was insurance against disruptions in Venezuelan and Iranian imports. With its oil reserves revealed as a sham, China finds itself in a desperate situation. What happened to Chinese oil? It was soon discovered that corrupt government officials and oil reserve personnel had sold the oil and pocketed the proceeds. The local buyers were often operators of small, locally owned refineries that turned the oil into commercial products that were sold throughout China. Most of these oil criminals then fled, often leaving China for sanctuary states that would welcome any affluent Chinese and their new wealth. The only winners were a few conniving Chinese and the Americans, who continued to dominate the global energy system.
Important tip: If you’re a Bexar County judge and you’re given an official YouTube channel to livestream your court proceedings, don’t use it for your book club.
“Woman who emptied Knicks trashcan on street — then stole it — is fired from JPMorgan Chase, was DEI exec.” Shocked face engaged. (Hat tip: Dwight.)
The Lock-Picking Lawyer: “I didn’t think it was possible, but somehow Master Lock has now tarnished its name even more with a brand new line of padlocks.” Evidently the Elite line isn’t.
More of the Democrat election fraud that doesn’t exist, more Democrat welfare state fraud, a commie scumbag gets indicted, Ukraine returns to hammering Russia’s oil infrastructure, a very busy week for Kash Patel, the BBC wants us to sympathize with Muslims who enable child rape, and the best bagels in America are found in…Dallas?
It’s the Friday LinkSwarm!
“Left’s election fraud denials crumble as DOJ exposes two-decade-long California cheating scheme. FBI Director Kash Patel says prior administrations looked the other way on election cheating but ‘those days are over.'”
Despite evidence to the contrary, liberal voting activists have spent years minimizing cheating concerns and portraying those who want to investigate such problems as “election deniers.”
But the FBI and the departments of Justice and Homeland Security are now systematically exposing electoral fraud – from non-citizen voting to ballot-box-stuffing schemes that are turning the table in epic fashion.
The latest strike came Monday when a longtime voting activist in California reached a deal with federal prosecutors to admit to illegally paying homeless people to sign election petitions and paying people to register to vote. The two-decade scheme allegedly leveraged the Democrat-run state’s lax mail-in voting system, which sends ballot forms to everyone whether they ask for them or not.
The felony charge and plea deal announced Monday against Brenda Lee Brown Armstrong, 64, of Marina Del Ray, Calif., not only signals an investigation into others, it likely will provide legal fodder to the Justice Department’s efforts to force California to turn over its voter registration database to look for other abuses.
That case, and others like it against blue states, are working their way through the federal courts in a major initiative led by Assistant Attorney General Harmeet Dhillon.
Prosecutors said Armstrong spent two decades collecting ballot registration forms, including in California’s high-profile voter initiatives. On occasion, Brown targeted homeless people on Skid Row in Los Angeles, offering them money to fill out forms, and even sometimes letting them use her own address to put on the forms.
The plea deal mentioned Armstrong was paid by “coordinators” to gather signatures for ballots, and she used some of that money to enlist people to register to vote and sign petitions.
“Because her coordinators only paid for signatures attributable to registered voters, Armstrong endeavored to ensure the people who signed her petitions were registered voters,” the DOJ said in announcing the plea deal.
“Armstrong regularly paid and offered to pay individuals cash, usually in amounts between $2 and $3, to induce them to sign her petitions,” DOJ said, adding in January she “knowingly and willfully paid another person to register to vote. She paid the person for the purpose of causing that person to register to vote in federal elections.”
Democrats have hundreds of ways to cheat in elections, and one by one the Trump Administration is shutting them down and prosecuting the perps.
A vast improvement: “Trump administration had full year of zero border releases.”
While campaigning in 2024, President Donald Trump pledged to fix the nation’s broken immigration system, a system exacerbated by the rogue incompetence of the Biden administration. Now, after 18 months into his second term, Trump has maintained his excellence in border security and upheld his campaign promise regarding illegal immigration, as the Trump administration has achieved a year of zero releases at the U.S.-Mexico border.
Whereas the Biden administration wantonly permitted, if not outright encouraged, border security agencies to release illegal immigrants into the United States, Trump has ensured such ineptitudes would not happen under his watch. After innocent victims such as Laken Riley, Rachel Morin, Jocelyn Nungaray, and many others were murdered by violent illegal immigrants, the Trump administration utilized every possible avenue to ensure that such atrocities would not recur. The first barrier to accomplishing this was limiting border releases.
It is a remarkable success that shows the country’s border security issues stem from failed leadership and a failed president. Biden’s atrocious border policies made the country more dangerous. Trump’s policies made the country safe again. It’s a success that should not go unrecognized.
Homeland Security Secretary Markwayne Mullin touted the historic feat in a press release.
“Twelve straight months of ZERO releases at the border. Under President Donald Trump’s leadership, we are delivering the most secure border in American history,” Mullin said. “The days of catch and release are over. We are enforcing the nation’s laws and sending illegal aliens back to their home countries.”
Today – 15 individuals have been indicted for over $90 million in an alleged massive healthcare fraud scheme in Minnesota, after a sweeping FBI investigation with @TheJusticeDept
and our Interagency Partners.
These charges involve the two LARGEST Medicaid fraud cases ever charged in this district and first-of-their kind charges involving 7 additional Medicaid programs.
As alleged, the defendants defrauded Minnesota public healthcare resources for tens of millions, targeting programs such as Housing Stabilization Services, Child Care, Medicaid programs, Individualized Home Supports (IHS), and more.
In one case, defendants even developed a scheme worth over $40 million to target the Early Intensive Developmental and Behavioral Intervention (EIDBI) – an autism healthcare program – paying kickbacks to parents who fraudulently used autism centers to diagnose children with autism regardless of medical necessity, and billing for services not actually provided. This not only defrauded taxpayers, but robbed valuable resources from families truly in need.
President Trump gave this law enforcement team a mandate to investigate and systematically dismantle this exact kind of public fraud in America – which grossly abuses and mismanages money from hardworking American taxpayers – and that’s exactly what we’re doing. Today’s indictment in a massive moment in this effort.
Gavin Newsom is, in many ways, the most corrupt governor in America.
By that, I don’t mean that he spends his time and effort skimming off the top to put money in his own pockets. I have no evidence that he does, although an awful lot of money flows to and through the fingers of his wife. His personal wealth is not staggering by California standards—estimated at a few tens of millions of dollars—and he has it through his relationship with the Getty Oil family. Sort of a nepo-baby once removed.
His corruption is more in the style of Putin—using power to make others rich and indebted to him, and he has pillaged the coffers of the City of San Francisco and the State of California in order to do so. The ultimate goal is ultimate power, and his path to that power has been to leverage the power he has gained at each step up the ladder to enrich a group of allies who will, in turn, fund his rise further.
In 2023 Newsom was given a bill to sign that would have required private insurers to cover hearing aids for children. Many other states require insurers to cover them.
According to NY Post, Newsom vetoed the bill and decided instead to have the state provide the hearing aids. The result was $23 million spent on hearing aids for 300 people. About $76,000 a person. About 20,000 children in CA still need hearing aids.
Well done Gavin.
The scale of Newsom’s corruption is almost beyond comprehension. California, if it were its own country, would have the fourth-largest economy in the world. Its economy is about twice the size of Russia’s, and its state budget is about 50% larger than Russia’s, despite having no war to fund against Ukraine or anybody else besides the taxpayers of California.
That gives a lot of room for corrupt spending, especially when nobody is looking to uncover it.
The other day, I took a look at Newsom’s Baby 2 Baby free diaper program, which is an obvious scam, paying highly inflated prices for cheap Mexican diapers to an NGO run by friends of his wife, who all make nice salaries.
The United States has indicted former Cuban President Raúl Castro, a senior Trump administration official confirmed. A federal grand jury in Florida indicted former Cuban President Raúl Castro along with five other defendants, according to court filings made public Wednesday.
The charges mark a major escalation in a long-running US legal case tied to the 1996 downing of two civilian aircraft, an incident that killed four people and has remained a flashpoint in US-Cuba relations for decades.
Castro, 94, served as Cuba’s defense minister at the time of the shootdown before becoming president in 2008, following the illness of his brother Fidel Castro. Fidel Castro died in 2016.
Remember that the commie rulers have a secret corporation (GAESA (Grupo de Administración Empresarial S.A.) that allows them to rob Cubans blind. “How is it possible for a military company to control 40% of the national economy, accumulate $14.5 billion in bank deposits, not publish financial statements, avoid paying taxes in foreign currency, and not be accountable to the National Assembly?”
Hope you enjoyed your Victory Day parade, Vlad. “Moscow Attacked By Drones: Oil Depot, Microchip Factory & Airport All Hit.” The chip factory is Angstrem, which was reportedly running some very ancient process technology indeed. But I bet a bunch of what they could produce was used by the Russian military.
Gary Grief, the former executive director of the Texas Lottery Commission, has been re-indicted in connection with a rigged jackpot following the dismissal of a prior indictment.
A summons was issued one day after Texas Scorecard originally reported that an initial indictment against Grief had been quietly dismissed by the Travis County District Attorney’s office.
The reissued indictment, a carbon copy of the first, and the new summons come amid ongoing scrutiny of the handling of the high-profile case.
Travis County District Attorney José Garza told Texas Scorecard Thursday he could not currently comment on the matter, but that his office would release more information on the case soon.
Before the latest indictment came to light, Gov. Greg Abbott called the initial dismissal “incomprehensible.”
Snip.
Court records posted to X by Dylan McKim with KXAN-AUSTIN indicate that not only was Grief summoned, but the Texas Lottery Commission itself is named. A separate indictment identifies Ed Rogers and Clay Kidd alongside Grief as “managerial agents” acting on behalf of the agency.
Notably, Ryan Mindell, Grief’s right-hand man at the Texas Lottery Commission in 2023 and his short-lived successor, is not currently summoned in connection with the case. Mindell quit the commission after lawmakers called for his removal during the 2025 legislative session.
The original indictment against Grief was secured in April 2026 on a first-degree felony charge of abuse of official capacity involving more than $300,000, stemming from a rigged $95 million jackpot.
The charge came after a year-long investigation by the Texas Rangers into Grief’s controversial authorization of third-party companies that resold lottery tickets on behalf of customers, effectively enabling the online sale of Texas lottery tickets without legislative approval.
During the 2023 legislative session, Grief misled members of the Senate about resellers operating openly in Texas. The practice was ultimately outlawed during the 2025 legislative session after revelations that couriers facilitated bulk purchases, leading to a $95 million Lotto Texas jackpot win in April 2023 that was reportedly rigged by an international gambling syndicate.
Farmer and former Navy SEAL Ed Gallrein prevailed over Representative Thomas Massie (R., Ky.) in a closely watched primary race on Tuesday evening, bringing to an end the most expensive U.S. House primary on record.
Massie, who has represented Kentucky’s fourth district since 2012, is one of several lawmakers to lose a seat this cycle thanks to a retribution campaign Trump has undertaken against legislators who have dared to cross him.
The bad blood between Massie and Trump dates back to the president’s first term. As early as 2020, Trump called the Kentucky Republican a “third-rate grandstander” after Massie voted against the president’s Covid-19 relief package.
While Trump and Massie seemed to make amends, with Trump endorsing Massie for reelection in 2022, the president’s second term has seen the pair butt heads repeatedly over a slew of issues, from the Iran war to tariffs.
Trump on Monday blasted Massie as an “obstructionist and a fool.”
Massie, who also controversially opposed Trump’s “Big Beautiful Bill,” worked with Democratic Representative Ro Khanna of California to advance a bill in Congress to compel the Trump administration to release government files on deceased sex trafficker Jeffrey Epstein.
Massie’s opposition to U.S. aid to Israel and his vote against a resolution condemning antisemitism made him a target of not only the president but the Republican Jewish Coalition and the American Israel Public Affairs Committee as well. Both groups have spent more than $4 million on anti-Massie ads.
You can stray from the party on an issue or two and still survive, but when you make a habit of working with Democrats against stated Republican priorities time after time, expect a reckoning.
Republicans have one thing going for them in the midterms: Fat stacks of cash.
The Republican National Committee ended the month of April with more cash on hand than at any other point in the group’s history, as closely contested midterm elections draw near and the fate of Republicans’s majority in the House and Senate hang in the balance.
The RNC raised $18.6 million in April, bringing its total cash on hand to $123.8 million, according to Federal Election Commission filings.
“Republicans have the candidates, resources, and momentum needed to win the midterms, but we cannot let up now,” RNC Chairman Joe Gruters said in a statement. “Democrats will spend whatever it takes to try to stop President Trump’s America First agenda, which is why the RNC is already investing aggressively in our ground game and election integrity operation, including deploying 34 State Directors and Election Integrity Directors across 17 key battleground states to drive turnout and secure victories this November.”
Democrats lie to everyone, including themselves: “Harris Campaign Didn’t Go Negative Enough on Trump, DNC Autopsy Concludes.”
A newly-released Democratic National Committee report looking back at how the party lost the 2024 election concludes that then-Vice President Kamala Harris lost, in part, because she failed to focus sufficient negative attention on President Trump.
“The national campaign did not effectively drive Trump’s negatives, and the White House did not effectively support Vice President Harris over three and half years to improve her standing before the candidate switch,” reads the autopsy, written by Democratic strategist Paul Rivera, who was asked by the DNC to investigate why the party failed to wing big in 2024.
Rivera goes on to suggest that Democrats failed to remind Americans why they disliked Trump in his first term.
“The idea Trump’s negatives were ‘baked in’ is a major failure of analysis and reality, given how his favorability has cratered less than a year into this term,” he adds.
Rivera’s finding that Harris wasn’t sufficiently negative is curious given that Harris and her surrogates incessantly depicted Trump as a threat to democracy who revealed his true colors on January 6.
Harris attacked Trump repeatedly during the campaign, calling her opponent “increasingly unhinged and unstable” and telling CNN that she believed he was a fascist who wanted “unchecked power.”
Party officials interviewed hundreds of Democrats in all 50 states to create the report. Democrats had asked DNC Chairman Ken Martin for months to publicly release the findings, but Martin chose to do so only after being “presented with CNN’s reporting about much of its contents,” according to the outlet, which first obtained the nearly 200-page report.
The report is littered with notes drafted by DNC editors pointing out that many of Rivera’s claims are unsubstantiated and/or contradict publicly available reporting.
Yay think? It wasn’t the fact that, oh, Harris was a cringingly bad candidate, that Biden was an ambulatory corpse whose headless administration was a disaster for ordinary Americans thanks to inflation and letting a flood of illegal aliens enter the country, or that actual voters hate transsexual madness and social justice lunacy? But no, telling the truth would offend the Party’s toxic cadres of intersectional grievance mongers. They’d rather lie to themselves and continue to lose rather than being dragged on BlueSky.
This trucker is in Eden, Ohio, and just parked at a truck stop where he got a bite to eat at an Indian restaurant.
(Sikh Indians now own 20% of all trucking businesses in North America.)
He says foreign truckers are being hit HARD after the Supreme Court ruled Thursday that logistics companies can be held liable for hiring unsafe drivers.
None of ‘em can get loads out of Ohio today. And I was talking to the Iman guy while I was in there at the Punjabi place getting something to eat, and he said that the reason they they can’t get freight out of Ohio today is because the freight workers won’t work with them anymore.
Apparently, what has happened, is yesterday they had the Supreme Court ruling that brokers could be held liable for accidents with carriers with red flags. Apparently, the trickle trickle-down effect happened like THAT.
A leftist might look at this and say it’s racist. An “inequitable” number of carriers with foreign drivers are being excluded??
Well, as it turns out, these truckers just so happen to be the ones that are the least safe.
I was looking up a few of these DoT numbers for these guys, and they do have pretty substantial track record of unsafe behavior – accidents, high out-of-service rates, things like that.
Many foreigners, even illegals, have been able to game the system, getting CDLs issued by Democrat-led states like New York and California even though they are not qualified. CDL schools run by migrants have participated in this fraud for years.
Meanwhile, the number of deaths involving 18 wheelers on U.S. roads has risen 50% in just the last 15 years. Thanks to SCOTUS, that might reverse very quickly in the near future.
As a bonus, Americans will have a chance to get back into a trucking industry that’s excluded them in favor of cheap, unsafe, illegal labor!!
The FBI announced on Wednesday that they were shutting down a scam call center in India which has defrauded hundreds of elderly Americans out of millions of dollars.
Snip.
Former CEO Adam Young, 42, of Miami, FL, and former CSO Harrison Gevirtz, 33, of Las Vegas, NV, admitted to operating a business that provided telecommunications-related services, including telephone numbers, call routing services, call tracking, and call forwarding services, to customers they knew were engaged in tech-support fraud schemes. Young and Gevirtz each pleaded guilty to misprision of a felony, in violation of federal law. They are scheduled to be sentenced on June 16, 2026. The sentences imposed will be determined by a federal district judge after consideration of the U.S. Sentencing Guidelines and other statutory factors …
Indian citizens Sahil Narang, Chirag Sachdeva, Abrar Anjum and Manish Kumar, were convicted of charges related to telemarketing fraud schemes based in the Republic of India that targeted and defrauded Americans of millions of dollars, many of them vulnerable to fraud schemes due to age or infirmity. The investigation also contributed to the conviction of another individual, Jagmeet Singh Virk, in the U.S. District Court for the Norther [sic] District of California. The investigation further revealed that call centers based in India utilized Young and Gervitz’s business to route their ‘tech fraud’ scheme calls and, in some instances, advised those fraudsters on methods intended to reduce complaints and prevent account terminations.
Now if they could just shut down every Indian company pretending to be an American company (a plague among temporary and contract work firms), that would greatly improve the situation for American job seekers.
“Texas Children’s Hospital Agrees to Create Detransition Clinic, Pay $10 Million in ‘Historic’ Settlement. The agreement stems from a years-long investigation into alleged Medicaid fraud tied to sex-change procedures on minors.”
A years-long controversy surrounding gender mutilation procedures at Texas Children’s Hospital have culminated in a sweeping settlement with Texas Attorney General Ken Paxton that will force the hospital to pay $10 million, fire five doctors, halt “gender-transition” procedures, and create the nation’s first “Detransition Clinic.”
According to Paxton’s office, the settlement resolves allegations that Texas Children’s improperly billed Texas Medicaid for sex-change interventions using false diagnosis codes despite longstanding state policy prohibiting Medicaid coverage for such procedures.
Under the agreement, Texas Children’s will establish a multidisciplinary clinic intended to provide care to patients who previously underwent “gender-transition” procedures. The hospital will fully fund the clinic for at least five years, with services provided free of charge to patients.
The settlement also requires Texas Children’s to terminate and permanently revoke privileges for five physicians accused of performing the procedures. The hospital further agreed not to provide “gender-transition” services moving forward and to adopt new ethics and compliance measures.
We asked the sick leftwing freaks not to mutilate children in the name of their perverse social justice religion, and they just couldn’t help themselves.
[sigh]: “Federal Judge Again Blocks Texas Law Allowing Arrest and Deportation of Illegal Immigrants.”
Just one day before a controversial Texas law on illegal immigration was set to take effect, a federal judge granted a new injunction saying most of the law would not pass constitutional muster before the U.S. Supreme Court.
U.S. District Judge David A. Ezra, who blocked implementation of Texas Senate Bill (SB) 4 in 2024, opined that the law “threatens the fundamental notion that the United States must regulate immigration with one voice.”
Approved by lawmakers in 2023, SB 4, filed by Texas Sen. Charles Perry (R-Lubbock), established a criminal offense for illegal entry into the state from a foreign nation, and provided a mechanism for judges to order offenders to return to their nation of origin.
Implementation was delayed until the U.S. 5th Circuit Court of Appeals dismissed a pending lawsuit last month on the grounds that the plaintiffs did not have standing to sue, clearing the way for the law to take effect on May 15.
Earlier this month, the American Civil Liberties Union (ACLU) and the Texas Civil Rights Project filed a new challenge on behalf of two unnamed individuals who said they could be arrested and subject to SB 4’s provisions.
Ezra’s injunction applies to four provisions of SB 4: criminal penalties for re-entry without authorization; authorizing magistrates to order deportation; criminalization of failure to comply with a Texas magistrate’s deportation order; and SB 4’s requirement that magistrates continue a prosecution even when a person has a pending immigration case under federal law.
In his opinion released last week, Ezra noted that while federal authorities can elicit help with immigration enforcement actions from state and local law enforcement, SB 4 would clash with precedent set in the U.S. Supreme Court’s 2012 ruling in Arizona v. United States.
The offences mainly took place in Dewsbury and Batley, north Kirklees, and involved three girls.
One was just 12 years old when the offences started in 1995. They ended in 2003.
The trials began in 2023 and the perps were convicted and sentenced in 2024 through late 2025. The reason we are only learning their sentences now is because there was a court-ordered ban on reporting (they can do this in England)
Reporting restrictions had been put in place to ‘safeguard the fairness and integrity of the court process.’
Translation: They were to ensure the safety of Labour poll numbers from outraged Britons…
California is the land of expensive, useless bureaucracies, which Democrats allow to do nothing but impose more regulations on Californians.
In 2023, California created a fast-food council to micromanage fast-food restaurants from wages to working conditions. The council, the first of its kind in the United States, exists to justify California’s fast-food minimum wage hike, which jumped to $20 an hour, and the council has the ability to increase over the coming years. By now, you know how this went: Fast-food restaurants shut down, cut jobs, cut worker hours, raised prices, or did some combination of those things.
More notably, though, the council that is required to meet at least twice a year does not really exist. The last subcommittee meeting for the council took place in February 2025. It has now been over a year since the council has done anything, and even then, it could not be bothered to gather all nine members. Gov. Gavin Newsom (D-CA) plucked the council’s chairman for a different state appointment after that last subcommittee meeting, and it hasn’t gathered since.
Despite this, the council was still allocated $1.1 million from the state budget.
Fender won a lawsuit (by default) in Germany, and now it’s suing every guitar maker in the world that makes guitars that look even remotely like Stratocasters. “The decision to enforce the EU-based ruling on US builders marks a huge development in the case, and the outcome of such legal battles could very well reshape the guitar industry as we know it.” I rather suspect this strategy isn’t going to work out well for them…
Google is about to ruin the Internet. “Google is changing its search engine to focus on AI recommendations and NOT links to websites, according to its Google I/O presentation. And it’s a wrap. That’s it for the free and open internet. Niche publications and independent voices will likely get completely shut out of organic search as the internet becomes pay-to-win.” Another reason to stick to DuckDuckGo.
And speaking of science fiction first editions, I’m going to be sending a new book catalog out next week. Drop me a line if you want a copy.
Critical Drinker reviews Pragmata, mostly enjoys it. If the terminally online left hadn’t freaked out about this game, I doubt I ever would have heard about it…
Once again, the Babylon Bee is doing straight up reporting from LA: “New Polls Show Dead Heat Between ‘Make Everything Worse’ Candidate And ‘Fix Everything’ Candidate.”
When last we checked, Terafab, the cutting-edge megafab being built to produce AI chips for Elon Musk’s Telsa/SpaceX/xAI consortium, was going to be built and run by Intel, but the location was up in the air. Now, according to regulatory filings, it looks like the location may well be Grimes County, Texas.
Elon Musk’s SpaceX has proposed an initial investment of $55 billion to build a semiconductor manufacturing facility, called Terafab, in Texas, according to a filing made public on Wednesday.
The facility, a joint project with Tesla, comes as Musk seeks to secure in-house access to advanced chips, though analysts say the scale of capacity he has outlined would likely require far greater investment.
SpaceX is also targeting a June IPO that could value the company at around $1.75 trillion.
Musk has been tightening integration of AI efforts across his companies, with SpaceX acquiring his startup xAI earlier this year in a deal focused on building space-based data centers for artificial intelligence processing. The combined entity was valued at $1.25 trillion.
The Terafab project would involve a multi-phase chip fabrication and advanced computing complex aimed at boosting domestic semiconductor production in the United States. SpaceX estimates total investment could rise to $119 billion if additional phases are completed.
The facility is planned in Grimes County within a newly designated reinvestment zone, where local officials are expected to consider a property tax abatement agreement at a June meeting.
The proposed facility could help reduce reliance on external suppliers such as Samsung and Taiwan Semiconductor Manufacturing Co., SpaceX flagged plans to “manufacture our own GPUs” as part of “substantial capital expenditures” outlined in its S-1 registration, according to excerpts reviewed by Reuters.
The filing also highlighted risks around supply, noting the company lacks long-term contracts with many direct chip suppliers and will continue to rely significantly on third parties. SpaceX added there is no assurance it will meet its Terafab objectives within expected timelines, or at all.
That last bit is just the usual publicly-traded stock disclaimer blather.
Grimes County is quite rural, but it’s also on the edge of the Houston exurbs (which I would say end at Magnolia), right in a triangle between Huntsville, Conroe and College Station.
According to this tweet, the site is going to be near the Gibbons Creek Reservoir, which is between College Station and Huntsville.
SPACEX / TERAFAB: The County of Grimes, Texas, will be home to SpaceX's Multiphase, next gen, vertically integrated semiconductor manufacturing and advanced computing fabrication facility.
Building it in such a rural area probably means less regulatory hurdles, but building it within commuting distance of Texas A&M in College Station (and, to a lesser extent, Sam Houston State in Huntsville) is going to provide access to a technologically savvy labor pool of engineers, technicians, etc.
California’s heavy-handed Flu Manchu lockdown was the straw that finally convinced Musk to pick up stakes and move to Texas. It looks like that decision will result in Texas becoming the home for companies with market capitalizations of several trillion dollars.
After the initial report on Elon Musk’s planned Terafab project, there were a whole lot of questions about how Musk was going to get his ambitious semiconductor fab project up and running. Now a very, very big piece of the puzzle (like, 85%) has been solved: Intel is going to build it for him.
In an unexpected turn of events, Intel on Tuesday said that it had joined Elon Musk’s TeraFab project. The announcement mentions Intel’s ability to develop, produce, and package advanced processors in high volumes, which could help Tesla, SpaceX, and xAI to get enough compute performance for next-generation AI and robotics applications. However, the announcement made in an X post you can expand below does not reveal how exactly Intel will help TeraFab.
“Intel is proud to join the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology,” a statement by Intel reads. “Our ability to design, fabricate, and package ultra-high-performance chips at scale will help accelerate Terafab’s aim to produce 1 TW/year of compute to power future advances in AI and robotics. It was fun hosting Elon Musk at Intel this past weekend!”
The announcement is not accompanied by any press releases or SEC filings, which raises questions about the framework of the collaboration between Intel and TeraFab, as well as any possible legal bindings. In fact, the post in X is deliberately written in a way that barely reveals any concrete details about the structure of the partnership.
Officially, TeraFab is positioned as the “most epic chip-building effort ever” that is to combine “logic, memory and advanced packaging under one roof,” which implies localized production in a massive facility. Furthermore, the company is hiring managers to build a greenfield semiconductor fabrication plant in Texas. By contrast, Intel’s wording rather implies a virtual semiconductor production ecosystem, or even a consortium that involves chip design, manufacturing, and packaging at Intel and demand from Tesla, SpaceX, and xAI. How such a consortium would differ from a typical wafer supply agreement that large companies tend to have with their suppliers is something that is unclear at this point.
It makes perfect sense for one of only three global semiconductor manufacturers (and the only American company of the three) to help Musk realize his vision. Though nobody has spelled it out, my guess is it’s going to be very similar to the way Apple funds its manufacturer ecosystem through partner build-outs: Musk is going to pay Intel to build and run the fab, and Musk’s Telsa/SpaceX/xAI consortium is going to buy the dedicated output at a given price for x number of years, after which Intel can use the fab for other projects.
This makes a great deal of sense for both parties, especially if Intel has its 18A process dialed in. This is not a given, as Intel’s process screwups at previous nodes let TSMC and Samsung lap them in the sub-10nm race. But Intel yields at that node are reportedly rising.
And having Intel do all the heavy lifting means Musk’s new company doesn’t have to negotiate with Applied Materials, ASML, LAM, etc. Intel already has standing purchase agreements with all of them, and likely already knows what it wants and what the lead times will be to equip the new fab. Not to mention already knowing which contractors they’ll get to bid to build it.
If that’s actually what’s happening, that clears up a whole lot of questions about the project. Now, it doesn’t make Musk’s crazy “2027 volume production of 1 million wafer starts a months” any more feasible, but a fully functional Intel fab up and running at full-tilt by 2029 pumping out chips for xAI/SpaceX/Telsa is entirely feasible.
As usual, open video tabs start to accumulate on things that aren’t quite worth a separate post, but a bit too interesting to throw into a LinkSwarm. So here’s a tab-clearing roundup.
Inside Apple’s push for domestic semiconductor production:
Includes a look at TSMC’s Arizona fab complex, an ASML EUV stepper (which we covered here), and a Foxconn assembly line.
The title of this Jordan Petersen lecture is “Why South Park Works,” but it’s actually about how human perception works.
As a bonus, here’s a version of the basketball-gorilla test he talks about.
Critical Drinker on Paramount winning Warner Brothers:
New boss David Ellison is a fan of male action heroes, and not a fan of “The Message.” “I think it’s fair to say this guy sees middle America for what it is, a potentially huge market that’s been badly neglected in recent years, mostly by people who absolutely hate them.”
“If ever there was a definitive signal that the age of identity politics and the message has come to an end in Hollywood, I think this just might be it. The great experiment that’s decimated pop culture for the past decade is well and truly over. Good fucking riddance.”
Testing Ukrainian anti-drone shotgun slugs:
Basically metal petals attached with string.
Why Teddy Roosevelt didn’t fight in World War I:
To grossly boil down: because Woodrow Wilson didn’t want a no-win situation of either an ex-president ending up dead in a trench or making Roosevelt so popular again that he could beat him in the 1920 presidential election.
Elon Musk on Saturday announced that his rocket making company SpaceX and electric vehicle major Tesla will jointly run a new chip manufacturing facility in Austin, Texas, AFP reported.
The chips will be for use in artificial intelligence projects, robotics and data centres for space, with aim to produce 1 terawatt of computing power per year, it added, citing Musk. (1 terawatt = ¬1 trillion watts).
Why is Elon Musk starting his own chip manufacturing facility?
The world’s richest man said the so-called “Terafab” was necessary because Tesla and SpaceX’s demand for computing power is expected to far exceed that of global chip suppliers. While he did not disclose how much initial investment is being made, reports pegged the initial infusion between $20-25 billion, it added.
“We’re very grateful to our existing supply chain, to Samsung, TSMC, Micron, and others… but there’s a maximum rate at which they’re comfortable expanding. That rate is much less than we would like… and we need the chips, so we’re going to build the Terafab. The advanced technology fab in Austin will have the facilities to design, manufacture, test and improve each chip,” Musk said.
Other articles have made clear the the initial pilot line will be in Austin on Tesla’s Gigafab land, but that the eventual full-scale production fab may be located somewhere else.
The project aims to make chips to support 100 to 200 GW of computing power on Earth, and 1 TW in space.
Musk did not share a timeline for the production or output. The AFP report noted that the billionaire has many times in the past announced timelines that his companies failed to meet, i.e. robotaxis, SDF, etc.
According to Musk, the Terafab would ultimately help humanity become a “galactic civilization” capable of harnessing the resources of other planets and stars.
A Bloomberg report added that Musk has said previously that the facility would produce 2 nanometer chips.
It added that the Austin facility is expected to make two types of chips, one of which will be optimized for edge and inference, primarily for his vehicle, robotaxi and Optimus humanoid robots.
The other will be a high-power chip, designed for space that could be used by SpaceX and xAI. Musk said he expects xAI to use the vast majority of the chips, it added.
Musk also unveiled a speculative rendering of a future “mini” AI data center satellite with 100 kW power. This is part of a larger installation he wants SpaceX to build to do complex computing in space.
In January, SpaceX requested a license from the Federal Communications Commission (FCC) to launch one million data center satellites into orbit around Earth. “We expect future satellites to probably go to the megawatt range,” Musk added.
Let’s skip over addressing the feasibility (or desirability) of the space half of this grand vision. Never mind that Musk has evidently been freebasing back issues of The L5 News and G. Harry Stine’s Analog columns circa 1979 to conceive his solar-powered orbital cathedrals of vast, cool machine intellects.
No, I want to focus on the task of getting a purely ground-based, cutting edge, 2nm semiconductor fab up and running. There’s nothing impossible about that part, and $25 billion is right around the current price to build a state-of-the-art fab. Other reports say:
Production targets are specific. The facility is designed to produce between 100 and 200 billion custom AI and memory chips per year, targeting an initial output of 100,000 wafer starts per month with a stated ambition to scale toward one million — roughly 70% of TSMC’s current total output, in a single US facility.
Tesla is targeting 2 nanometre process technology, the most advanced node currently in commercial production. Tesla’s fifth-generation AI chip, AI5, is among the first products Terafab is designed to produce, with small-batch production expected in 2026 and volume production projected for 2027.
And here’s where my deep skepticism kicks in, over both the output and timeline.
Having more cutting-edge fabs here in the continental United States is a great idea, and there’s nothing wrong with vertical integration for companies to combine design, fabrication and test under one roof. Indeed, Musk has merely reinvented Integrated Device Manufacturing, which used to be the norm until the foundry model took hold, and that’s still the norm with companies like Intel (though not necessarily all under one roof). And Intel, Samsung and TSMC already have their own mask manufacturing facilities in-house. So based on the little information available now, Musk’s radical new approach isn’t.
But that timeline of initial production in 2026 and volume production in 2027? Unless Musk has already placed orders for the critical semiconductor manufacturing equipment (especially however many ASML TWINSCAN EXE:5000 or TWINSCAN EXE:5200B EUV lithography systems the fab will need) long before now, that’s simply not happening. The lead time for the most critical machines are a year or more. And that’s just one machine.
There are five essential semiconductor equipment manufacturers:
Applied Materials
ASML
KLA
LAM Research
Tokyo Electron
If you’re building a modern, 2nm fab, chances are pretty good you need all five. You need the ASML litho machines mentioned above. You need KLA inspection tools to raise and maintain yields, and you need, at the very least, one of AMAT, LAM or TEL to provide the rest. Take away all three and you can’t equip a fab, period.
And that’s after you’ve poured the agonizingly precise, ridiculously level concrete slab for the equipment to rest on, installed huge networks of high voltage power systems (ASML machine alone now run at 1,000 watts), ultra-high purity air handling equipment and ultra-high purity de-ionized water handling systems. All that needs to be installed, up and running before you even start installing the tools. And then all the tools need to be brought up and qualified for production. And that all needs to be done before tape-out, mask production and the first wafer is run.
But the timeline isn’t the only thing that’s delusional about Musk’s announcement.
Terafab is designed for an initial output of 100,000 wafer starts per month, with ambitions to scale to 1 million wafer starts per month at full capacity. For context, that full-scale target would represent roughly 70% of TSMC’s entire current global output — from a single facility operated by companies that have never fabricated a chip.
Musk said the facility would produce between 100 and 200 billion custom AI and memory chips per year, powering Tesla’s “Full Self-Driving” software, the Cybercab robotaxi program, and the Optimus humanoid robot line. He also said millions of Optimus robots would help build and operate the facility.
Put aside the swarms of robots for now. A lot of what can be automated for a fab already has been with automated FOUP-handling equipment. What hasn’t been automated is routine maintenance, troubleshooting, etc. I’m guessing it will be quite a while before Frankie Fabbot is ready to take on any of those tasks.
100,000 wafer starts a month is around what TSMC’s cutting edge fabs produce a month. Samsung has a huge fab supposedly capable of 450,000 wafer starts a month. A million starts a month in one extremely big fab is possible, but it’s going to take multiple lines, lots of money, and throughput will still be gated by the lowest capacity machines on the line (again, I’m guessing the ASML litho machine). Modern fabs have already maxed out production speeds for modern high-yield plants. You can’t simple pull a lever to make the line go faster.
Then there are his plans to build memory chips and space-hardened versions of the xAI chips in the same megafab. Neither of those goals is impossible, but it’s going to require more equipment than his $25 billion estimate to essentially run three production lines in the same building. And preparing chips to operate in space generally involves completely different “rad-hard” processes, involving different types of wafer chemistry, that are nowhere near the 2nm process node.
Musk is a smart guy. I bet he can eek a few performance gains out of how his fabs are organized, AI line optimization, etc. But unless he’s smarter than Einstein, Thomas Edison, Tony Stark and Reed Richards combined, I’m hard-pressed to see how he can optimize more than, say, 15% over existing cutting edge fabs.
Nothing Musk has proposed for the earth-bound side of Terafab is impossible, but it is all-but-impossible to implement in the time-frames he’s alleging, for the money he’s claiming. One million wafer starts a month in a single fab? Doable, but not by 2027, and not for $25 billion. Having such a fab up and running full tilt in 2029-2030, for $100 billion, seems at least at the edge of feasibility. Whether the AI boom will still be a “thing” by then is unknown, but a fab actually capable of one million wafer starts a month (robots or no robots) is still a license to print money…
The Iran war continues, with attacks on energy grids and refineries across the Persian Gulf, (maybe) another bunker buster strike, serious regime confusion, countries reporting impending shortages, and part of the 82nd Airborne moving into the theater.
ZeroHedge has piece up that starts with a nice state-of-play summary.
WSJ, Fox reporting 3,000 elite Army [82nd] Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks.
Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.
Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure near Isfahan.
Iran reshuffles its security leadership, appointing Mohammad Bagher Zolghadr: he’s a former IRGC commander and replaces the assassinated Ali Larijani.
Iran halts natural gas exports to Turkey: follows last week’s Israeli strike on the massive South Pars gas field; QatarEnergy declares force majeure on some LNG contracts due war.
“The Israeli Air Force recently struck an Iranian nuclear research and development site in Tehran, the military announces. According to the Israeli army, the “strategic” site at the Malek Ashtar University was used by Iran’s military industries to develop components for nuclear weapons. Malek Ashtar University, subordinate to Iran’s defense ministry, is under Western sanctions over its activities relating to Iran’s nuclear and ballistic missile programs.”
This falls into the “Big if true” category: “Three heavy bombers of the U.S. Air Force are currently conducting heavy strikes on the underground missile base of the IRGC Aerospace Force in Yazd, central Iran (Al-Qadir missile base). A total of six bunker-buster bombs have been dropped on the site by either B-1B heavy bombers flown from RAF Fairford in the United Kingdom or B-2A Spirit stealth bombers flown directly from Whiteman AFB in the United States.” I haven’t seen enough of Babak Taghvaee’s work to gauge the accuracy of this. (The few bits of his I’ve read have seemed accurate.) It seems like the sort target we would hit, but not knowing which bomber hit these targets suggests a source lacking firsthand knowledge. If anyone has a better bead on Taghvaee’s accuracy, feel free to share it in the comments below.
Not just over the Strait: The Warthog is also engaging Iranian back militias in Iraq.
USAF A-10 Warthogs spent most of the day strafing Iranian-backed militia positions around Mosul, Iraq. pic.twitter.com/5GLcm1XVnN
Victor Davis Hanson has spent fifty years studying how wars end. When he says the tide is turning, it’s worth listening to why.
His argument isn’t based on what the Pentagon is saying. It’s based on how everyone else is behaving.
𝗧𝗵𝗲 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻𝘀. VDH’s rule: Europeans never agree to go anywhere near a conflict unless they think the winning side has already been determined. They didn’t help in the early days. Now they’re starting to move. That movement is not idealism. It’s a calculation. They’ve looked at the battlefield and decided which way this ends.
𝗧𝗵𝗲 𝗚𝘂𝗹𝗳 𝗽𝗲𝘁𝗿𝗼-𝗻𝗮𝘁𝗶𝗼𝗻𝘀. The Saudis, the Emiratis, the Qataris — these governments have survived for generations by reading the regional climate with precision. When they expel Iranian military attachés, when they intercept Iranian missiles over their own capitals and say nothing about American strikes, when the UAE reaffirms its $1.4 trillion investment commitment to the United States mid-war — they are not making ideological statements. They are placing bets. And they are betting on the United States.
𝗔𝗹 𝗝𝗮𝘇𝗲𝗲𝗿𝗮. This is the one that should stop you cold. Al Jazeera — the Qatari state media network, historically critical of American military action, the network Tucker Carlson and the anti-war right love to cite against Israel — is now calling the U.S. bombing campaign brilliant and effective, and saying it has been underestimated. When the media outlet of a nation that hosts both the largest American air base in the Middle East and a Hamas political office starts praising American military effectiveness, the message is unmistakable: 𝘵𝘩𝘦𝘺 𝘵𝘩𝘪𝘯𝘬 𝘸𝘦’𝘳𝘦 𝘨𝘰𝘪𝘯𝘨 𝘵𝘰 𝘸𝘪𝘯.
𝗧𝗵𝗲 𝗺𝗶𝗹𝗶𝘁𝗮𝗿𝘆 𝘀𝗶𝗴𝗻𝗮𝗹. A-10 Warthogs and Apache helicopter gunships are now flying strike missions in Iranian airspace at will. VDH’s point: you only deploy those aircraft when there is effectively no air defense left to threaten them. They are slow, low-flying, close-support platforms. Their presence confirms what the Pentagon has been claiming — Iran has no meaningful air defense remaining.
Iran’s strategy now is rope-a-dope. Run out the clock. Wait for American public opinion to shift. Hope the midterms create political pressure on Trump to stop. It is the only play they have left.
VDH’s conclusion: if Trump sees it through — and he believes he will — the regime falls. Not in years. 𝗣𝗿𝗲𝘁𝘁𝘆 𝘀𝗼𝗼𝗻.
Since President Trump revealed contacts with the Islamic Republic, we’re seeing something very telling inside Iran: chaos at the top.
Regime officials are either turning on each other, pointing fingers, accusing one another of negotiating with the United States or in their own media and social platforms, they’re warning against character assassination of figures like Ghalibaf or Rouhani, because suspicion is spreading inside the regime itself.
Some are even calling for arrests or worse. Others are publicly shaming officials, accusing them of secret talks.
This is the atmosphere on the Islamic Republic’s side of social media. Total panic.
Jim Geraghty wonders “Why Are We Lifting Sanctions on Iranian Oil During a War with the Mullahs?” It’s a good question, though Trump seems to have a more intuitive grasp of alternating between carrots and sticks in negotiations than anyone I’ve ever seen. Also: “We have seen oil tankers carrying Russian oil divert from China to India in the aftermath of the Treasury Department’s lifting of sanctions on their cargo: ‘At least seven tankers carrying Russian oil have switched their destinations mid-voyage from China to India, according to Vortexa Ltd., with all of India’s major refiners now in the market for the country’s crude.'”
“Three explosions in Bushehr following attacks on the airbase and airport in Iran.” Bushehr is reasonably close to Kharg Island.
“Iran launches 10 million rial note.” Hyperinflation is rarely a sign of military strength. Also: The 5 million rial note was introduced “just weeks earlier.”
The Guardian (usual caveats apply) is saying that “Hundreds of petrol stations across Australia run out of fuel,” but Australian Energy Minister Chris Bowen states “Australia’s fuel supply remains strong and there are no immediate plans to ration fuel,” though the article admits “localized shortages.”
In Japan, gasoline prices have evidently hit record highs and the government is tapping national reserves, but tankers from UAE and Saudi Arabia bypassing the Strait of Hormuz are on the way.”
“Taiwan has about 11 days of liquefied natural gas reserves—a limited buffer that has become critical after Iran disrupted shipping through the Strait of Hormuz, cutting off key supplies from Qatar. Because Taiwan relies heavily on LNG to power its grid and semiconductor industry, any prolonged disruption could force energy rationing and threaten chip production.”
“Philippine president declares ‘national energy emergency‘, citing risks to fuel supply created by Middle East war.”
When last we checked, Microsoft CEO Satya Nadella was busy trying to shove Copilot, their AI tool, into every crevice of every Microsoft product. Finally, enough users seem to have complained loudly enough to get them to rethink the strategy.
Microsoft is vowing to focus on quality with future Windows 11 releases, which includes better performance and reeling in the company’s Copilot footprint over the OS.
“Quality” and “performance” go together with Windows like vanilla ice cream and used motor oil.
On Friday, Microsoft President for Windows and Devices, Pavan Davuluri, announced the “commitment to quality” in both a blog post and an email to users.
The plan calls for bolstering the “performance, reliability and well-crafted experiences” over the OS for this year.
That sort of suggests that “performance, reliability and well-crafted experiences” were not priorities for Windows in previous years, doesn’t it?
“These areas have meaningful impact on how you experience Windows: how fast it starts and responds, how stable it is under real workloads, and how consistent and thoughtful the experience feels,” Davuluri wrote.
PC users will be happy to know that one goal is reducing Windows 11’s resource usage to free up more capacity.
This would be great news if anyone trusted them to do that. Countless times in the past, Microsoft has pledged to reduce resource usage in Windows, but the bloat always returns.
Another priority is “less noise, less distraction and more control across the OS.”
Surprisingly, the blog post makes little mention of AI. Instead, Davuluri merely says the company wants “to be thoughtful about how and where we bring AI into Windows.”
“You will see us be more intentional about how and where Copilot integrates across Windows, focusing on experiences that are genuinely useful and well‑crafted. As part of this, we are reducing unnecessary Copilot entry points, starting with apps like Snipping Tool, Photos, Widgets and Notepad,” he said. Users can expect the change to roll out this month and in the next for Windows 11 preview releases.
Finally, the backslash against MicroSlop has gotten so loud that it’s even penetrated Redmond’s C-Ring. This is indeed progress, given that earlier this month Microsoft was literally banning users from its Discord for using the term. So give them credit for at least realizing that they have a problem.
Davuluri made the announcement months after he faced backlash for tweeting that “Windows is evolving into an agentic OS,” which caused some users to retort the company was obsessing about AI over basic Windows 11 performance. A January Windows 11 release that prevented PCs from booting up or going to sleep sparked more complaints about the OS’s stability.
There’s that vaunted Microsoft quality again.
Last month, Davuluri indicated he was taking the criticism seriously. Microsoft is also facing increased competition from Apple, which released its most affordable MacBook so far, the Neo, which has been a hit among consumers and reviewers.
Yeah, let’s talk about the state of Windows-based PCs and the competition. This was supposed to be a big year for PCs, but then reality hit.
There was supposed to be a massive tailwind for the PC market this year. Windows 10 reached end-of-life in late 2025, meaning that somewhere around 1 billion PCs worldwide stopped receiving security updates. This is less of an issue in the consumer PC market, but it’s a big deal in the business PC market.
PC OEMs like HP were set up for success in 2026, but the AI boom has complicated the situation. Enormous demand for DRAM and NAND chips from the AI infrastructure build-out, coupled with memory chip manufacturers shifting production to server products, has left the PC market with scraps. Memory chip prices have surged, pushing up the bill of materials and forcing price increases.
Gartner expects PC prices to surge by 17% this year, prompting consumers and businesses to hold onto their current PCs for longer. Budget PCs as a category could essentially disappear, leaving a large swath of consumers in a bind. Gartner expects PC shipments to tumble by 10.4% in 2026.
In one of life’s little ironies, the same AI bubble that Microsoft was trying to shove down user’s throats is what’s making buying a new PC less affordable and crushing sales. But it’s not stopping Apple.
HP is an obvious loser in this scenario, but there’s a surprising winner as well: Apple….
Apple is also exposed to rising memory chip prices across its entire device business. However, the company is seizing an opportunity to bring Windows PC users into its ecosystem.
Apple announced the MacBook Neo last week. The 13-inch entry-level MacBook starts at $599, a price that PC OEMs like HP will have trouble hitting as memory prices spiral higher. The Neo is powered by the A18 Pro chip, the same SoC used in the iPhone 16 Pro family. Higher-end MacBooks use Apple’s M-series chips, but the underlying technology is essentially the same.
Apple has equipped the Neo with 8GB of unified RAM, shared between the CPU and GPU, as well as a 256GB solid-state drive. These are really the bare minimums for a usable PC, but it’s enough for a solid entry-level experience. Early reviews have been positive, although full third-party reviews haven’t yet arrived ahead of launch.
Apple is playing the long game here. If there was ever a time to launch a budget MacBook, it’s right now. With memory prices driving up the cost of Windows PCs, a $599 MacBook should be appealing to budget-conscious consumers. Apple also offers the Neo to the education market for a discounted price of $499.
If Apple can grow its Mac install base and steal away market share from Windows-based PCs, the company will be setting up its Mac business for stronger growth down the road. Once the memory situation normalizes and the macroeconomic environment improves, Apple will have a larger base of Mac users eager to upgrade when the time comes.
This is probably correct. $599 is getting down around the price range for what used to be called netbooks, though that market segment seems to have largely died, at least among Windows users. (There still seems to be a market there for Linux users.)
Remember: Apple is the company that saw other companies dumping dump-trucks full of cash into AI build-outs and went “Nah, bro, I’m good.”
Google will spend approximately $90 billion on AI infrastructure this year. Meta has committed $65 billion. Microsoft, Amazon, and Alphabet are collectively spending over $300 billion. Apple, meanwhile, is spending just $12.7 billion on capital expenditure for the entire fiscal year.
As a hardware manufacturer, Apple can just wait for the AI wars to shake out and partner with the winner (if any).
And here’s a mildly amusing video on the whole situation.
I’m pretty sure Microsoft users wouldn’t object to Copilot if it was something optional you could turn off, and if the granularity of control allowed users to keep it entirely out of products they don’t want it in. But no, letting users decide isn’t the Microsoft Way, and they had to try shoving it into everything to justify the huge sums of money they were throwing into AI.
