financetom
Technology
financetom
/
Technology
/
Texas Instruments plans $60 billion US investment amid Trump's onshoring push
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Texas Instruments plans $60 billion US investment amid Trump's onshoring push
Jun 18, 2025 8:08 AM

June 18 (Reuters) - Texas Instruments ( TXN ) said it

would spend more than $60 billion to expand its U.S.

manufacturing footprint, the latest chipmaker to ramp up

domestic production amid pressure from the Trump administration

to reshore the semiconductor supply chain.

The funds will be used to build or expand seven chip-making

facilities in Texas as well as Utah, and will create 60,000

jobs, TI said on Wednesday, calling it the "largest investment

in foundational semiconductor manufacturing in U.S. history".

The company did not give a timeline for the investment.

Unlike AI chip firms Nvidia ( NVDA ) and AMD, TI

makes analog or foundational chips used in everyday devices such

as smartphones, cars and medical devices, giving it a large

client base that includes Apple ( AAPL ), SpaceX and Ford Motor ( F )

.

The spending pledge follows similar announcements from

others in the semiconductor industry, including Micron,

which said last week that it would expand its U.S. investment by

$30 billion, taking its planned spending to $200 billion.

Analysts have said they see the spending commitments as

overtures to U.S. President Donald Trump, who has repeatedly

threatened to kill the $52.7 billion 2022 CHIPS and Science Act

and warned of potential new tariffs on semiconductor imports.

Texas Instruments ( TXN ), which won as much as $1.61 billion in

CHIPS Act funding last year, already has a large U.S. presence.

It had been building two facilities in Texas and one in Utah

as part of efforts to boost in-house manufacturing and stave off

rising competition from Chinese analog chipmakers.

Like other companies unveiling such spending commitments,

TI's announcement includes funds already allocated to facilities

that are either under construction or ramping up. It will build

two additional plants in Sherman, Texas, based on future demand.

"TI is building dependable, low-cost 300 millimeter capacity

at scale to deliver the analog and embedded processing chips

that are vital for nearly every type of electronic system," said

CEO Haviv Ilan.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Mentium Lands $3.2M Seed Round to Bring AI-Powered Digital Workers to Freight Brokerages
Mentium Lands $3.2M Seed Round to Bring AI-Powered Digital Workers to Freight Brokerages
Oct 9, 2025
AUSTIN, Texas, Oct. 9, 2025 /PRNewswire/ -- Mentium, the AI-native platform building digital workers for freight brokerages and the wider logistics sector, today announced it has raised $3.2 million in seed funding. The round was led by Lerer Hippeau with participation from Matchstick Ventures, Tower Research Capital, Antler, MBA Ventures, and angel investor Michael Witte, founder and CEO of Equal Parts....
IQST - IQSTEL Becomes a Debt-Free Nasdaq Company With No Convertible Notes or Warrants and Plans to Give $500,000 in Shares as Dividend by the End of the Year
IQST - IQSTEL Becomes a Debt-Free Nasdaq Company With No Convertible Notes or Warrants and Plans to Give $500,000 in Shares as Dividend by the End of the Year
Oct 9, 2025
IQSTEL Eliminates All Convertible Notes, Completes Full Payment of QXTEL and Globetopper Acquisitions, and Accelerates Cycurion Partnership NEW YORK, Oct. 9, 2025 /PRNewswire/ -- IQSTEL Inc. ( IQST ) , a Global Connectivity, AI & Digital Corporation, proudly announces it has eliminated all convertible notes from its balance sheet and fully paid for its most recent acquisitions, QXTEL and...
UKG and Google Cloud Partner to Transform Work with Agentic AI for Tens of Millions of Users
UKG and Google Cloud Partner to Transform Work with Agentic AI for Tens of Millions of Users
Oct 9, 2025
New integrations with Gemini Enterprise, Vertex AI, and BigQuery will save UKG customers and their employees time on routine tasks and uncover critical insights with workplace data LOWELL, Mass. & SUNNYVALE, Calif.--(BUSINESS WIRE)-- UKG and Google Cloud today announced a major expansion of their partnership to accelerate adoption of agentic AI for the tens of millions of people using...
Koxa partners with Synovus to power Gateway ERP
Koxa partners with Synovus to power Gateway ERP
Oct 9, 2025
NEW YORK, Oct. 9, 2025 /PRNewswire/ -- Koxa Corp., the ERP-banking company, today announced a partnership with Synovus Bank to deliver commercial clients a new solution that integrates banking workflows into enterprise resource planning (ERP) software. Gateway ERP, launched by Synovus and powered by Koxa, gives clients a more connected and efficient way to manage treasury functions. By embedding banking...
Copyright 2023-2025 - www.financetom.com All Rights Reserved