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.