With the rapid advancement of modern technology, the Semiconductor industry is a key player in supplying essential parts that power everyday devices. The companies in this industry, including Intel, Taiwan Semiconductor Manufacturing, and NVIDIA, design and manufacture components found in smartphones, computers, and generative AI computing equipment –  the increased demand of which has propelled some of the companies to become the most valued in the market this year.

In December 2021, Elon Musk made the strategic decision to relocate the headquarters of Tesla, a leading electric automotive company, to Austin, Texas. This move was particularly interesting, not only for its business implications but also for the tension it created between the company’s clean energy focus and Texas’ historical reliance on the oil and natural gas economy.