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Texas
Industry Update: Texas Freezes New AI Data Centers
Texas Gov. Greg Abbott ordered a statewide audit that freezes new data center grid connections in ERCOT's 474-gigawatt interconnection queue. Meanwhile, AMD and Arista Networks both beat Q2 earnings expectations this week, but their stocks tell very different settled stories once the initial after-hours reaction faded. AMD also moved to acquire AI inference chip startup Taalas.
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