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12h ago

Texas Instruments Pledges $60 Billion for U.S. Chip Manufacturing Expansion

The investment targets seven fabrication plants in Texas and Utah, creating over 60,000 jobs under the Trump administration’s push to onshore chip production.

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An integrated circuit microchip manufactured by Texas Instruments. The company pledged a major investment to expand US plants.
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Overview

  • Texas Instruments will invest more than $60 billion in domestic semiconductor manufacturing, calling it the largest foundational chip commitment in U.S. history.
  • The funds will support seven fabrication plants across Sherman and Richardson, Texas, and Lehi, Utah, with approximately $40 billion for Sherman and $6 billion for Richardson.
  • TI estimates the expansion will generate over 60,000 jobs in local communities and strengthen U.S. supply chain security.
  • The pledge follows similar commitments from Micron, Nvidia, and TSMC as part of broader efforts to reduce reliance on foreign chip production.
  • TI has secured about $1.61 billion in CHIPS Act grants, and Commerce Secretary Howard Lutnick said the partnership will sustain U.S. chip manufacturing for decades.