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Texas Governor Abbott, Saronic CEO on Floods, Shipyard Plans

Texas Governor Greg Abbott and Saronic Technologies CEO Dino Mavrookas discuss Saronic’s plan to to build a $3.2 billion shipyard in South Texas to build medium-class and large-class autonomous surface vessels. Speaking on “Bloomberg Tech,” they also discuss the recent flooding in Texas, the state’s economy and Saronic’s role in the Iran war. ——– Like…

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Texas Governor Greg Abbott and Saronic Technologies CEO Dino Mavrookas discuss Saronic’s plan to to build a $3.2 billion shipyard in South Texas to build medium-class and large-class autonomous surface vessels. Speaking on “Bloomberg Tech,” they also discuss the recent flooding in Texas, the state’s economy and Saronic’s role in the Iran war.
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3 Comments

3 Comments

  1. @Denise-o6r

    July 16, 2026 at 2:07 pm

    Texas is the tech hub and petroleum industry center, and a powerhouse for agriculture and ranching, making it a productive state. It matters to have favorable business policies, and it helps to have elected government officials who care about their state and its people. Governor Abbott is a strong leader.

  2. @johnmann980

    July 16, 2026 at 2:40 pm

    If you don’t have a job it TX, you don’t want one!

  3. @bobbobby1438

    July 16, 2026 at 4:07 pm

    Amazing stuff 👏

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Bloomberg Technology

TSMC’s Market Jolt, Saronic’s Texas Bet and GameStop’s eBay Bid | Bloomberg Tech 7/16/2026

Bloomberg’s Ed Ludlow breaks down TSMC’s results and the company’s announcement of a higher commitment for its US buildout. Plus, he speaks with the CEO of autonomous maritime drone company Saronic and Texas Governor Greg Abbott about why Saronic is making a $3.2 billion bet on Texas. And, GameStop CEO Ryan Cohen joins to discuss…

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Bloomberg’s Ed Ludlow breaks down TSMC’s results and the company’s announcement of a higher commitment for its US buildout. Plus, he speaks with the CEO of autonomous maritime drone company Saronic and Texas Governor Greg Abbott about why Saronic is making a $3.2 billion bet on Texas. And, GameStop CEO Ryan Cohen joins to discuss the company’s bid for eBay.

00:00:00 – Bloomberg Tech Begins
00:01:42 – Michael Shepard, Bloomberg News
00:04:43 – Tammy Qiu, Berenberg
00:12:13 – Gov. Greg Abbott (R) Texas & Dino Mavrookas, Saronic CEO
00:25:52 – Ryan Cohen, GameStop CEO
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

GameStop CEO Cohen Discusses eBay Bid, Video Game Software

GameStop CEO Ryan Cohen discusses the company’s bid to acquire eBay, financing support for the plan, and how he sees the deal benefitting shareholders. Cohen tells Ed Ludlow, “eBay is a platform that I can build into something much more profitable and much larger.” He also speaks about discless video games and whether or not…

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GameStop CEO Ryan Cohen discusses the company’s bid to acquire eBay, financing support for the plan, and how he sees the deal benefitting shareholders. Cohen tells Ed Ludlow, “eBay is a platform that I can build into something much more profitable and much larger.” He also speaks about discless video games and whether or not he would raise his bid for eBay.
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Bloomberg Technology

AI Chip Giants TSMC and SK Hynix Pull in Different Directions

TSMC soared while SK Hynix tumbled — why are are the two essential AI chip firms pulling in different directions? Tom Mackenzie explains. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get the latest in tech…

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TSMC soared while SK Hynix tumbled — why are are the two essential AI chip firms pulling in different directions?

Tom Mackenzie explains.
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Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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