Article

Arm Holdings PLC will create over 320 jobs in Austin, Texas, supported by a $4.162 million grant from the Texas Semiconductor Innovation Fund. The company plans to invest $71 million in expanding its Austin campus, including a new lab for semiconductor failure analysis.

Arm has been in Austin since 1997 and is now its largest U.S. site, employing about 800 people. The Texas Semiconductor Innovation Fund, established in 2023, aims to advance chip research and manufacturing, having allocated $948 million since its inception to various companies and institutions.