Major Company To Invest $60 Billion In American Manufacturing

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Texas Instruments (TI) announced it plans to invest over $60 billion across seven U.S. semiconductor factories.

In a press release, the company said it’s the largest investment in foundational semiconductor manufacturing in U.S. history.

“Working with the Trump administration and building on the company’s nearly 100-year legacy, TI is expanding its U.S. manufacturing capacity to supply the growing need for semiconductors that will advance critical innovations from vehicles to smartphones to data centers. Combined, TI’s new manufacturing mega-sites in Texas and Utah will support more than 60,000 U.S. jobs,” TI stated.

“TI is building dependable, low-cost 300mm capacity at scale to deliver the analog and embedded processing chips that are vital for nearly every type of electronic system,” Texas Instruments President and CEO Haviv Ilan said.

“Leading U.S. companies such as Apple, Ford, Medtronic, NVIDIA and SpaceX rely on TI’s world-class technology and manufacturing expertise, and we are honored to work alongside them and the U.S. government to unleash what’s next in American innovation,” Ilan added.

NBC 5 Dallas-Fort Worth reports:

The plan to invest more than $60 billion combines TI’s plans for building and equipping seven semiconductor factories across Texas (Richardson and Sherman) and Utah (Lehi).

These factories will manufacture billions of foundational semiconductors, which are essential for nearly every electronic device, ranging from vehicles to smartphones, data centers, and satellites.

Combined, these fabs across the three manufacturing mega-sites in Texas and Utah will produce hundreds of millions of U.S.-made chips daily.

Here is a breakdown of the three new sites and their unique properties, according to Texas Instruments:

  • Sherman: SM1, TI’s first new fab will begin initial production this year, just three years after breaking ground. Construction is also complete on the exterior shell of TI’s second new fab in Sherman, SM2. Incremental investment plans include two additional fabs, SM3 and SM4, to support future demand.
  • Richardson: TI’s second fab in Richardson, RFAB2, continues to ramp to full production and builds on the company’s legacy of introducing the world’s first 300mm analog fab, RFAB1, in 2011.
  • Lehi, Utah: TI is ramping LFAB1, the company’s first 300mm wafer fab in Lehi. Construction is also well underway on LFAB2, TI’s second Lehi fab that will connect to LFAB1.

“A powerful investment in the future of Texas and our nation. Texas-based @TXInstruments continues to spearhead semiconductor innovation and create thousands of new, good-paying jobs,” Texas Gov. Greg Abbott said.

Per CNN:

“President Trump has made it a priority to increase semiconductor manufacturing in America – including these foundational semiconductors that go into the electronics that people use every day,” US Commerce Secretary Howard Lutnick said in a press release. “Our partnership with TI will support US chip manufacturing for decades to come.”

The announcement marks the latest major planned investment in the United States by an American company as Trump pushes industries like tech to onshore more production. Earlier this month, General Motors said it would invest $4 billion to increase US production. Apple said in February that it would invest $500 billion to expand its US facilities. Oracle, OpenAI and SoftBank announced in January that they would team up to create a new company called Stargate to grow artificial intelligence infrastructure in America.

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