Texas Instruments to receive up to $1.6 bln under CHIPS and Science Act-November 2024-www.financetom.com

Texas Instruments to receive up to $1.6 bln under CHIPS and Science Act

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Texas Instruments to receive up to $1.6 bln under CHIPS and Science Act

Aug 16, 2024 2:23 AM

Aug 16 (Reuters) - Texas Instruments ( TXN ) has signed

a preliminary agreement with the U.S. Department of Commerce to

receive up to $1.6 billion in proposed direct funding under the

CHIPS and Science Act, it said on Friday.

(Reporting by Deborah Sophia in Bengaluru; Editing by Janane

Venkatraman

)

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