Texas Instruments Allocates $60B for Semiconductor Manufacturing Expansion
Texas Instruments is investing $60 billion to enhance semiconductor manufacturing in Texas and Utah, aiming to strengthen the U.S. supply chain. The initiative includes the construction of new fabrication plants and increased output at existing facilities.
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Texas Instruments plans to invest $60 billion to expand its semiconductor manufacturing across seven sites in Texas and Utah. This investment includes the establishment of two new fabrication plants in Sherman, Texas, bringing the total to four in the area, and enhancements to production in Richardson, Texas, and Lehi, Utah.
The Sherman facilities are expected to produce hundreds of millions of chips daily, with $40 billion allocated for their development. While this investment significantly increases domestic supply capacity, analysts caution that the timeline for new fabs may delay immediate supply improvements.
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