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Texas Instruments is set to receive up to $1.6 billion in funding from the U.S. Commerce Department to support the construction of three new chip manufacturing facilities.

Sep 01, 20262 days ago
DallasManufacturingElectronics

Description

Texas Instruments announced that it will receive up to $1.6 billion in funding under the US CHIPS and Science Act for building two factories in Texas and one in Utah. This investment aims to enhance domestic chip production and create around 2,000 manufacturing jobs.

Company Information

Company

Texas Instruments

Location

Dallas, Texas, United States

About

Texas Instruments Incorporated is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. The company is dedicated to creating a better world by making electronics more affordable through semiconductors.

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