Texas
California-tied firm eyes billions of dollars in investment near Texas A&M
An entity tied to San Francisco-based Substrate Inc. may invest billions of dollars and create 2,000 jobs in Texas with the development of an advanced semiconductor manufacturing facility.
An application with the Texas Comptroller’s office shows an organization called America’s Foundry Bryan, LLC is pursuing tax breaks through the recently launched Jobs, Energy, Technology and Innovation Act for a 3 million-square-foot project on 288 acres of land owned by the Texas A&M University System in Bryan.
The potential investment is described as “a first of its kind bleeding-edge pure-play foundry manufacturing project bringing cost competitive semiconductor manufacturing back to the United States,” the application shows.
America’s Foundry Bryan already gained tax breaks from the Bryan City Council for the development, which has been titled “Project Factory One,” earlier this month.
The facility would be located on an undeveloped portion of the Texas A&M RELLIS Education and Research campus, located in Brazos County.
Substrate has entered into an agreement with Texas A&M, “indicating interest in a collaborative investment,” its application said.
The scope of the project would involve a total investment during the six-year construction period of more than $12.6 billion. The project’s proposed start date is slated for the fourth quarter of this year.
The application lists a total of 2,000 permanent jobs would be created by 2035, with a staggering capital investment of $108 billion over 40 years between buildings, machinery and equipment.
There would be more than 2,000 construction jobs associated with the initial project as well.
Starting average annual salaries will be in the six-figure range and escalate even as the job count grows.
The JETI Act is the state’s replacement for the contentious Chapter 313 tax abatement program.
With the JETI Act, companies can get up to 50% to 75% of property value abated for 10 years if a jobs-bolstering project is located within an opportunity zone. That’s compared to Chapter 313′s 100% abated on school district taxes.
This project, which is located in an opportunity zone, is within the Bryan Independent School District.
Twelve states offered incentives for the facility, but three states, including Texas, are the strongest contenders.
While the startup said nondisclosure agreements prevent it from divulging potential offerings extended by Oregon and New York, those states stand out in the site-selection process due to their emphasis on semiconductor manufacturing.
The application cited New York’s package for semiconductor manufacturing company Micron Technology in particular. Texas lost out on Micron’s up-to-$100 billion investment to the northeastern state a few years ago, a sore spot for many in the economic development game in Texas.
However, Texas’ JETI program is attractive to America’s Foundry Bryan. The entity said the JETI program provides the company a larger benefit than New York’s incentive program, but without the JETI program benefits, the New York program is significantly more beneficial to the company’s property tax bill.
The Substrate entity is also pursuing tax abatements with Brazos County, along with grants and monies tied to the Texas Semiconductor Innovation Fund, Texas Enterprise Fund, Texas Enterprise Zone Project Designation, Texas Skills Development Fund and United States CHIPS Incentive Program.
Should the project land in Bryan, the city would abate 80% of taxes for the first five years of the arrangement with the company, and 50% for the following five years.
The 10-year period that America’s Foundry Bryan is seeking JETI Act tax breaks for — the school years between 2030 and 2040 — involves real property with taxable value ranging anywhere from more than $10 billion to upward of $11.5 billion for a single year.
Texas
Texas A&M invincible or in trouble? College football Week 12 overreactions
US LBM Coaches Poll: Georgia team to beat in SEC
USA TODAY Sports’ Paul Myerberg breaks down the latest US LBM Coaches Poll and has Georgia as the SEC’s top contender after Texas blowout.
The capacity of college football to put fans through just about every emotion imaginable, sometimes in the course of just one single contest, is what makes it so beautiful and yet so maddening at the same time. Don’t believe us? Just ask the followers of a certain program from the Lone Star State.
It is with that team’s almost unfathomable result from Week 12 where we will begin our latest installment of overreactions of the week. Indeed, since it was a complete tale of two halves in the true ‘best of times, worst of times’ sense, we’ll approach it from both extremes.
Texas A&M is in deep trouble/invincible.
Depending on one’s perspective, the Aggies’ disaster of a first half followed by a nearly perfect performance after intermission to stage their epic comeback against South Carolina is open to multiple interpretations. At one end of the spectrum, the team’s unblemished record is merely a product of a favorable schedule, and the bevy of mistakes in the first two quarters showed the flaws that will eventually prove to be the team’s undoing. On the other hand, the comeback demonstrated the kind of resolve championship teams must have to overcome adversity, finding ways to win even when not everything is working.
As is often the case with the subjects we take up here at Overreaction HQ, the truth is probably somewhere in the middle. Even before Week 12, the Aggies had endured their share of close calls, some of which were against opponents with sub-.500 records. It’s true the Aggies have yet to face another team in the upper quadrant of the SEC standings and won’t until the title game, but it might also be that their experience with delivering in clutch situations will serve them well later. In short, we shouldn’t anoint them as national title favorites, but neither should we count them out.
Notre Dame is a playoff lock
It would appear that the Fighting Irish’s dominant win at Pittsburgh was their last true hurdle en route to a 10-2 finish that, given their position in the first two sets of rankings from the CFP committee, should all but guarantee their inclusion in the field. But if they find themselves in a pool of other at-large candidates with identical records, there might be a complication.
If shifts in the standings over the next couple of weeks move Miami closer to Notre Dame’s position, that small matter of the Hurricanes’ head-to-head win against the Irish way back in Week 1 will be harder to dismiss. This presupposes, of course, that the ‘Canes are able to win out, which is certainly not a guarantee given the team’s sometimes inexplicable lapses. So yes, it looks good for the Irish, but they are not quite at the finish line.
A non-quarterback will win the Heisman
Texas Tech coach Joey McGuire made a point this weekend of spotlighting his standout linebacker Jacob Rodriguez, lining him up in the offensive backfield to get him a rushing touchdown. It was in fact the second score of the season for Rodriguez, who earlier recorded a touchdown on a 69-yard fumble recovery. He has also recorded a team-high 100 total tackles, including 9½ behind the line of scrimmage, and has snagged four interceptions. That’s a pretty strong case as the most impactful player for a top-10 team to earn consideration.
There are convincing arguments for other non-QBs as well, like Notre Dame running back Jeremiyah Love or Ohio State receiver Jeremiah Smith. To be sure, there are plenty of worthy passers this year, like Indiana’s Fernando Mendoza, Ohio State’s Julian Sayin or Vanderbilt’s Diego Pavia. Alabama’s Ty Simpson is still in the mix as well, though his rough outing in the Crimson Tide’s loss to Oklahoma damaged his case.
Recent history favors the signal callers, of course. Since 2000, there have only been five recipients of the sport’s most prestigious individual honor whose primary position was something other than quarterback. Voters do consider other positions. They did last year in fact. There isn’t a two-way player this year with Travis Hunter’s credentials, but sometimes enough electors think outside the QB box for someone else to bring home the statue.
The Big 12 race is over
Mathematically speaking, it’s still possible for the league to end in a six-way tie for first place at 7-2. That would be fun for fans of chaos and mayhem, but realistically the championship game will likely be a rematch between Texas Tech and Brigham Young. The full chaos scenario can only come to pass if the Cougars lose at Cincinnati this week – conceivable – and the Red Raiders drop their regular-season finale in two weeks at West Virginia – not out of the question but unlikely.
James Madison will make the College Football Playoff
JMU is ranked at No. 22 in the US LBM Coaches Poll, the highest position among non-power conference programs. We’re sorry to rain on your parade, Dukes’ fans, but the poll is not the same as the CFP committee rankings.
The American has considerably more depth than the Sun Belt, not to mention some actual positive results against the power leagues. Thus its champ is still going to have a stronger case than even a 12-1 winner of the SBC barring – here comes that word again – chaos. There is still time for that, of course, but we wouldn’t advise anyone to make travel plans just yet.
Texas
Does Texas Football still have a chance at the CFP? Odds crash after Georgia ‘Disaster’
Do the Texas Longhorns still have a shot at the college football playoff? Before the Georgia game, the ESPN FPI playoff bracket predictor gave Texas a 64% chance if they lost to the Bulldogs yet still won its remaining two games. But the manner in which UT lost has seen those odds nose dive.
Saturday night’s 35-10 loss to Georgia in Athens was the worst loss of Texas coach Steve Sarkisian’s tenure in Austin. After the game, Sark and the Longhorns leaders knew they were thoroughly dominated.
“The fourth quarter was, for lack of better terms, a disaster,” Texas coach Steve Sarkisian said after the game. “We got beat 21-0 in the fourth quarter.”
“It was a disaster,” Texas defensive lineman Colin Simmons said. “We didn’t finish.”
“They kicked our butts in all three phases,” Taaffe said. “We messed up a lot of stuff.”
“I’m frustrated and disappointed we didn’t play better,” Texas quarterback Arch Manning said. “We just didn’t play well.”
While the Longhorns hung around until the fourth quarter, they were still out played from the beginning. Texas’ offensive line was pushed around all night by a Bulldogs defensive front that has been seen as UGA’s weakness all season.
UT’s defense played well for a long stretch in the middle of the game, but ultimately gave up 35 points and let Georgia quarterback Gunner Stockton account for five touchdowns. The ‘Dawgs also ran for 128 yards on the Horns defense. While the defense is ahead of the offense, it has still been picked apart several times this season.
What did the loss do to Texas CFP chances? It crushed them.
When the computer models put Texas’ chances at 64% last week, it didn’t account for the Longhorns getting humiliated in Athens. But that’s what happened. UT will probably fall several spots, if not completely out, of this week’s the Top 25 rankings as most voters have no doubt completely lost faith Texas.
The computer model currently puts the Longhorns chances at the CFP at 20%. That’s behind the likes of Virginia, BYU and even North Texas. The computers don’t have faith Texas can win its final two games.
What if the Longhorns beat Arkansas and upset the Texas A&M Aggies? The odds aren’t 64% anymore. The ESPN FPI gives Texas a 45% chance to make the CFP if they win out.
Texas would need a lot of help and make a huge impression against the Aggies to have any shot at all. UT would be at the mercy of the CFP committee. The field is very crowded and 9-3 is probably not good enough to get into the bracket.
The most likely outcome to the Longhorns season will be an appearance in the Gator Bowl or something similar and an offseason filled with frustration and questions about the program’s health as a whole.
Texas
Does Texas A&M Have a Kicker Problem?
Texas A&M completed the largest comeback in program history after storming back from 27 points down to miraculously pull off a 31–30 victory.
But before the celebration, the Aggies dug themselves into that deep hole, and it wasn’t just turnovers and flat-out bad football. One of the biggest reasons Mike Elko’s squad fell behind was the rough afternoon from its starting kicker, Randy Bond.
Bond, a graduate student, missed a 45-yard field goal that would have cut the deficit to 10–6. To make matters worse, he later pushed a freebie 24-yard field goal that kept South Carolina ahead by 17 points. That attempt came immediately after a Dalton Brooks interception that breathed life back into the Aggies. In one kick, that momentum evaporated.
Bond has been notorious for struggling in the 40 to 49 yard field goal window. Across his four years as a starter, he is 18 for 31 from that distance, a 58 percent clip. Before today, he was 4 for 6 in that range. Make that 4 for 7 after today.
To put that into perspective, a 58-percent probability is technically “likely,” but it is barely better than a coin toss. Here are a few things more likely to happen than Bond hitting from the 40-49 yard range.
The inconsistency has been there throughout his career. In 2023, he went 26 for 36, including six misses from that infamous 40 to 49 yard range.
He followed that with an impressive bounce-back year in 2024, making 20 of 24 attempts. He went 7 for 9 from the 40 to 49 range, which suggested he may have finally erased that weakness.
But in 2025, the issue has resurfaced, and this time it has spread beyond the long-range kicks. Bond has attempted 15 field goals and has made only 10 of them, a 66.7 percent mark.
At the beginning of the season, Elko announced that Georgia transfer Jared Zirkel would be the starter. Elko even said Zirkel had been “phenomenal” throughout the offseason and won the kicking job “by a wide margin.”
After Zirkel suffered an injury, Bond reclaimed the starting duties.
Whether it was a confidence hit after losing the job or just a continuation of an old flaw, the struggles have been apparent since his first start of the season against Notre Dame. Bond missed a 52-yard field goal that would have extended the halftime lead to 7. The trend continued against Auburn, where he missed two kicks on back-to-back drives, then another 40-yard attempt against Florida, and now two costly misses against South Carolina that made an already difficult comeback even harder.
But hey, on the bright side, if he hadn’t missed those two, the Aggies wouldn’t have pulled off the biggest comeback in school history.
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