Texas Instruments plans to invest more than $60 billion in semiconductor fabrication plants, marking one of the largest investments in the sector to date. The investment will add fabs to three manufacturing sites in Sherman, Texas, Richardson, Texas, and Lehi, Utah, supporting more than 60,000 new jobs. The company's largest site in Sherman will receive up to USD 40 billion for four fabs, including two that are already underway.

Investment Details

The investment expands Texas Instruments' capacity for 300mm chips used by companies such as Apple, Ford, Medtronic, Nvidia, and SpaceX. At full capacity, the seven new fabs will be able to manufacture hundreds of millions of chips daily. The company is actively ramping and constructing the fabs across its Texas and Utah locations, with the SM1 fab in Sherman expected to begin production this year.

Government Support

The Department of Commerce awarded up to $1.6 billion in funding through the CHIPS and Science Act for Texas Instruments' new fabs. This partnership aims to support U.S. chip manufacturing for decades to come. Commerce Secretary Howard Lutnick stated that the partnership with Texas Instruments will help increase semiconductor manufacturing in the United States.

Industry Impact

Texas Instruments is one of the largest foundational semiconductor manufacturing companies in the U.S., producing analog and embedded processing chips for various electronic devices. The company's president and CEO, Haviv Ilan, expressed honor in working alongside leading U.S. semiconductor companies and the U.S. government to unleash American innovation.

Get Exclusive Insights on Global Semiconductor Fab Plants!

Looking for real-time updates on global semiconductor fab projects? Explore Blackridge Research’s Global Semiconductor Fabrication Plants database and access:

1. Upcoming Projects

2. Tender Notices

3. Contract Awards

4. Ongoing Developments

5. Completed Projects

Whether you're an EPC company, investor, consultant, or financial institution, our database provides the market intelligence you need to stay ahead.

Book a Free Demo today and discover how this database can help you make informed, data-driven decisions!