Texas Instruments said Wednesday that it will speak more than $ 60 billion to expand its US production trail, the latest chipmaker to increase the internal production between the Trump administration to reshape the semiconductor supply chain.
In December, the Biden administration completed a government subsidy of $ 1.61 billion for Texas instruments to support the construction of three new facilities after the company announced plans to invest at least $ 18 billion below $ 52.7 billion billion and science bill.
The company said Wednesday $ 60 billion will be used to build or expand seven chip creation facilities on three sites in Texas and Utah, including two new facilities in Sherman, Texas, and will create 60,000 jobs, calling it the “biggest investment in basic history”.
In August 2024, the company said it can build seven construction facilities and spend up to $ 40 billion in its Sherman, Texas and $ 21 billion in Utah and other Texas plants.
Texas Instruments have built Texas facilities and one in Utah as part of efforts to increase production inside and stop growing competition from analog Chinese chipmakers.
The company did not provide an exact time -limit for investment, which includes up to $ 46 billion in Texas and about $ 15 billion in Utah.
Texas instruments said its long -term Capex plan is unchanged.
Unlike chip firms he Nvidia and AMD, make analog or basic chips used on daily devices such as smartphones, cars and medical equipment, giving it a large base of clients that includes Apple, Spacex and Ford Motor.
The expense plan follows similar announcements from others in the semiconductor industry, including Micron, who said last week he will expand his investments by $ 30 billion, receiving costs planned to $ 200 billion.
Analysts have said they see spending plans as overtaking for President Trump, who has repeatedly threatened to kill the act of chips and science of 2022.7 billion dollars and warned of the new possible fees for semiconductor imports.
Trade Secretary Howard Lutnick said on Wednesday that investing in Texas instruments will strengthen “the basic semiconductors that enter the electronics that people use daily. Our partnership with you will support the production of chips for decades”.
Like other companies that detect such expenditure engagements, the announcement of IT includes funds already allocated to facilities that are either under construction or growing.
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