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Texas Instruments plans $60 billion US investment amid Trump's onshoring push
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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.

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