TOWER SEMICONDUCTOR

The massive North East side campus, which includes eight manufacturing facilities, topped the list of commercial users of water during the 12-month period by a wide margin.

Thanks in part to recent passage of the CHIPS Act, semiconductor manufacturing facilities are multiplying across Texas.

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

Local manufacturers spoke in support of Sen. Cornyn and Rep. McCaul's legislation to "reshore" microchip manufacturing from overseas.

Pfizer, Mylan Pfizer fell almost 4% while Mylan climbed over 12% after it was announced that Pfizer would combine its off-patent drug business with Mylan. Chipotle Shares of Chipotle rose 3.7% after Goldman Sachs named the fast-food company as its favorite restaurant stock. The firm initiated coverage of Chipotle with a buy rating and a $1,000 price target, representing 28% upside for the stock, and added Chipotle to its conviction buy list. Starbucks Shares of Starbucks dropped about 1% after J.P. Morgan said the stock's "upside from here is limited" and cut its rating on the company to neutral from overweight. UPS pushed passed Stifel's price target after its strong quarterly earnings last week.