Texas Instruments (TI) says it will invest more than $60 billion across seven new semiconductor fabrication plants in the United States.
This marks the largest investment in foundational chip manufacturing in U.S. history and aligns with the Trump administration’s goal to expand semiconductor production in America, the company said in a June 18 release.
The expansion includes semiconductor fabrication plants (fabs) at three major manufacturing sites in Texas and Utah, with up to $40 billion alone earmarked for its Sherman, Texas, mega-site.
The expansion is expected to create more than 60,000 jobs and significantly boost domestic production of analog and embedded processing chips used in everything from vehicles and industrial machinery to smartphones and data centers….