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<\/div>\nComputer chip giant Texas Instruments (TI) will invest more than $60bn (\u00a344.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country.<\/p>\n
The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a detailed timeline for the investment.<\/p>\n
The Dallas-based firm described the move as the “largest investment in foundational semiconductor manufacturing in US history.”<\/p>\n
It follows similar announcements from others manufacturing semiconductors, including Micron, which said last week that it would increase its planned spending in the US to $200bn.<\/p>\n<\/div>\n
“President Trump has made it a priority to increase semiconductor manufacturing in America,” US Secretary of Commerce Howard Lutnick, said in a statement on Wednesday. <\/p>\n
“Our partnership with TI will support US chip manufacturing for decades to come.”<\/p>\n
Like some other companies that unveiled major spending pledges, TI’s announcement includes money already earmarked to either build or expand facilities.<\/p>\n
Some analysts have said they see such major spending announcements as attempts to placate Trump. The president has repeatedly threatened to cancel the $52.7bn CHIPS and Science Act, which was introduced by his predecessor, Joe Biden.<\/p>\n
In December, the Biden administration finalised a $1.6bn subsidy for TI after it announced plans to invest at least $18bn to build three new facilities.<\/p>\n
Trump has also warned of potential new tariffs on imports of semiconductors.<\/p>\n
Unlike artificial intelligence chip companies like Nvidia, Texas Instruments makes so-called foundational chips, which are used in various devices, including smartphones and cars.<\/p>\n
The company operates 15 sites around the world, including facilities in the US and Asia. It counts iPhone-maker Apple, Elon Musk’s rocket firm SpaceX and motor industry giant Ford amongst its customers.<\/p>\n
Texas Instruments has faced increasing competition from Chinese manufacturers of these lower-end chips.<\/p>\n<\/div>\n
Published at Thu, 19 Jun 2025 02:19:57 +0000<\/p>\n","protected":false},"excerpt":{"rendered":"
Texas Instruments pledges ‘historic’ $60bn US chip investment Computer chip giant Texas Instruments (TI) will invest more than $60bn (\u00a344.74bn) in the US, as President Donald Trump pressures big technology firms to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and… Continue reading Texas Instruments pledges ‘historic’ $60bn US chip investment<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-3602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/3602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/comments?post=3602"}],"version-history":[{"count":0,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/posts\/3602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media\/3601"}],"wp:attachment":[{"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/media?parent=3602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/categories?post=3602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/260web.com\/news\/wp-json\/wp\/v2\/tags?post=3602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}