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Texas Instruments announced Wednesday it will invest more than $60 billion to expand semiconductor manufacturing across the United States, marking what the company called the largest commitment to foundational chipmaking in American history.
The investment, which includes building or expanding seven fabrication plants in Texas and Utah, is expected to create 60,000 jobs, though the company did not specify a timeline for the spending.
The move comes amid ongoing pressure from the Trump administration to reshore semiconductor manufacturing and reduce reliance on foreign suppliers. President Donald Trump has criticized overseas chip production and signaled a potential rollback of the $52.7 billion CHIPS and Science Act, while also warning of new tariffs on imported semiconductors.
“TI is building dependable, low-cost 300 millimeter capacity at scale to deliver the analog and embedded processing chips that are vital for nearly every type of electronic system,” said CEO Haviv Ilan.
Texas Instruments, which produces analog chips used in smartphones, vehicles, and medical devices, serves a wide range of clients including Apple, SpaceX and Ford Motor Co. Unlike tech giants focused on artificial intelligence chips, TI specializes in foundational semiconductors essential to everyday electronics.
“For nearly a century, Texas Instruments has been a bedrock American company driving innovation in technology and manufacturing,” said U.S. Secretary of Commerce, Howard Lutnick.
“President Trump has made it a priority to increase semiconductor manufacturing in America – including these foundational semiconductors that go into the electronics that people use every day. Our partnership with TI will support U.S. chip manufacturing for decades to come,” he added.
The company previously received up to $1.61 billion in CHIPS Act funding and already maintains a substantial presence in the United States. It has been constructing two facilities in Texas and one in Utah to strengthen its domestic manufacturing capabilities and compete with Chinese analog chip producers.
TI’s $60 billion pledge includes funds for existing projects and will support the construction of two additional plants in Sherman, Texas, contingent on future demand, the company’s press release noted. The announcement follows a similar move by Micron, which recently increased its U.S. investment by $30 billion, bringing its total planned spending to $200 billion.
