Texas Instruments (TI) announced plans to invest more than $60 billion to expand its semiconductor manufacturing in the United States.
This investment will fund the building or expansion of seven chip factories in Texas and Utah, creating approximately 60,000 jobs. TI called this move the largest investment in foundational semiconductor manufacturing in U.S. history.
Unlike companies focused on AI chips like Nvidia and AMD, TI produces analog chips used in everyday devices such as smartphones, cars, and medical equipment.
Its customers include Apple, SpaceX, and Ford Motor. The company did not specify a timeline for the investment but said it will build two additional plants in Sherman, Texas, depending on future demand.
This announcement follows similar commitments from other semiconductor firms. For example, Micron recently increased its planned U.S. investment by $30 billion, bringing its total to $200 billion.
Analysts view these spending pledges as responses to pressure from former President Donald Trump, who pushed for reshoring semiconductor production and threatened to revoke the CHIPS and Science Act and impose tariffs on chip imports.
TI has already received up to $1.61 billion in subsidies from the CHIPS Act and has been expanding its U.S. operations with facilities under construction or ramping up in Texas and Utah.
CEO Haviv Ilan emphasized the company’s goal to provide reliable, low-cost chip capacity critical to many electronic systems.
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