Aug 16 (Reuters) -

Texas Instruments ( TXN ) will receive as much as $1.6

billion in direct funding from the U.S. Commerce Department to

support the construction of three new domestic facilities, the

analog chipmaker said on Friday.

In addition to the agreement signed under the CHIPS and

Science Act, Texas Instruments ( TXN ) expects to receive about $6

billion to $8 billion in investment tax credit from the U.S.

Treasury Department, it added.

The $1.6 billion funding would help the company support

three manufacturing facilities that are already under

construction in Texas and Utah. It plans to add more than 2,000

jobs across the facilities.

(Reporting by Deborah Sophia in Bengaluru; Editing by Janane

Venkatraman

)