Texas Instruments announced on Wednesday that it plans to invest over $60 billion in seven semiconductor wafer fabs in the United States to build seven chip factories, making it the largest investment in basic semiconductor manufacturing in US history.

By collaborating with the Trump administration and leveraging the company's nearly century long history, Texas Instruments is expanding its manufacturing capacity in the United States to meet the growing demand for semiconductors in key innovation areas such as automobiles, smartphones, and data centers. It is reported that the $60 billion will be used to build or expand seven chip manufacturing factories in three locations in Texas and Utah, including two new factories in Sherman, Texas, and will create 60000 jobs.

Texas Instruments is building reliable, low-cost, large-scale 300mm wafer production capacity to provide analog and embedded processing chips that are crucial for almost all electronic systems, "said Haviv Ilan, President and CEO of Texas Instruments." Leading American companies such as Apple, Ford, Medtronic, Nvidia, and SpaceX rely on Texas Instruments' world-class technology and manufacturing expertise, and we are honored to work with them and the US government to drive the future development of innovation in the United States.

”US Secretary of Commerce Howard Lutnick pointed out, "For nearly a century, Texas Instruments has been the cornerstone enterprise driving technology and manufacturing innovation in the United States. President Trump has made enhancing US semiconductor manufacturing capabilities a top priority, including basic semiconductors for everyday electronic products. Our collaboration with Texas Instruments will provide support for the US chip manufacturing industry for decades to come

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