Investment and Expansion Plans
announced a historic investment exceeding $60 billion to expand its semiconductor manufacturing in the , focusing on seven new or expanded facilities across Texas and Utah.
The investment aims to bolster domestic production of foundational semiconductors, essential for everyday devices, and is expected to create approximately 60,000 jobs.
Government Support and Industry Context
This initiative aligns with the U.S. government's push to reshore semiconductor production, supported by the and subsidies, amid concerns over reliance on overseas supply chains.
Texas Instruments' expansion is part of a broader trend among chipmakers to invest in U.S. manufacturing, responding to competitive pressures and strategic geopolitical considerations.