Texas Instruments has enacted an immense $60 billion investment to increase its fabrication facilities which is expected to lead to the creation of 60,000 domestic jobs in building and operation. The investment is a part of their commitment to US chip production and covers seven fabs across three sites in the US states of Texas and Utah.
Texas Instruments branded the plan as the “largest investment in foundational semiconductor manufacturing in US history”.
Up to $40 billion is to go towards four facilities in Texas, with two more fabs to be added to a pair already being built. Texas Instruments said another site in the state “continues to ramp to full production”.
Texas Instruments is already building a second 300mm wafer fab in Utah while upping the output of an existing facility at the site, with the pair to ultimately be connected.
The US government welcomed the investment: Secretary of Commerce Howard Lutnick noted President Donald Trump “has made it a priority to increase semiconductor manufacturing” in the nation. Lutnick said the collaboration between the nation and Texas Instruments would “support US chip manufacturing for decades to come”.
Texas Instruments president and CEO Haviv Ilan said the 300mm capacity being created will help “deliver the analogue and embedded processing chips that are vital for nearly every type of electronic system”.
Companies including Apple, Nvidia and SpaceX were tipped by Texas Instruments as being among the key beneficiaries of its investment.
Although the move was welcomed by the current US leadership, the investment was spurred under the previous administration as part of the broader CHIPS and Science Act initiated in 2022.
Source: Mobile World Live
Image Credit: Stock Image
