Texas Instruments unveils $60 billion 'historic' plan to expand US chipmaking

Forward-looking: Texas Instruments has unveiled plans to invest more than $60 billion to expand its semiconductor manufacturing operations in the United States, marking what the company describes as the largest single investment in foundational chip production in US history. The initiative will include the construction and expansion of seven semiconductor fabrication plants across Texas and Utah, a move expected to create approximately 60,000 jobs.

The investment comes amid ongoing efforts by the Trump administration to encourage American companies to bolster domestic manufacturing, particularly in the critical semiconductor sector. Texas Instruments' announcement follows similar moves by other major technology firms and is seen as part of a broader strategy to reduce reliance on overseas chip production – a vulnerability highlighted during the global supply chain disruptions of recent years.

Most of the funding will be directed toward three major sites: Sherman and Richardson in Texas, and Lehi in Utah. The Sherman ...