Texas Instruments to Invest Over $60 Billion in US Semiconductor Manufacturing, Boosting AI and Tech Industries

Texas Instruments to invest $60B+ in US fab network - SiliconANGLE

Texas Instruments Inc., a major supplier of analog chips, will invest more than $60 billion to expand its stateside manufacturing capacity. The company detailed the plan today. According to Reuters, the initiative's hefty price tag partly comprises previously announced investments. Texas Instruments didn't disclose the duration of the project. Central processing units, graphics cards and other processors represent data in the form of digital signals. Those are electrical signals that can have one of two values: 1 and 0. The former value is produced by turning a transistor on, while turning the transistor off switches its state to 0. Analog chips of the kind made by Texas Instruments process a broader range of electrical signals. Those signals can represent not only 0 or 1 but also many other values. Analog chips don't perform computations but rather carry out the numerous other, often simpler tasks involved in powering a computer. Some of Texas Instruments' analog chips are designed to power the motors inside robotic arms. Others can be used as sensors. The company also offers more specialized chips, including an integrated circuit that generates ultrasonic vibrations to clean lenses. Power management, one of the main use cases for analog semiconductors, is another area where Texas Instruments competes. It makes chips for managing systems such as batteries and electricity distribution equipment in data centers. Earlier this year, the company partnered with Nvidia Corp. to develop more efficient power management hardware for artificial intelligence clusters. "Nvidia and TI share the goal to revitalize U.S. manufacturing by building more of the infrastructure for AI factories here in the U.S.," said Nvidia Chief Executive Officer Jensen Huang. "We look forward to continuing our collaboration with TI by developing products for advanced AI infrastructure." Texas Instruments offers more than 100,000 products across the various market segments where it competes. As part of the investment plan announced today, the company will build new fabs in the U.S. to make more of those products domestically. Texas Instruments says that the facilities will produce "billions" of chips for customers. The company will spend up to $40 billion, or about two thirds of the project's budget, on building out a manufacturing campus in Sherman, Texas. The site currently houses two fabs. The first will start making chips later this year, while the second hasn't yet been equipped with production equipment. Texas Instruments eventually plans to build two more fabs in Sherman.

Texas Instruments to Invest Over $60 Billion to Manufacture Semiconductors in US | AIM

The new manufacturing sites in Texas and Utah will support more than 60,000 new jobs. Texas Instruments (TI) has revealed plans to invest over $60 billion in seven semiconductor fabs across the US, marking the biggest investment in foundational semiconductor manufacturing in the country's history. The move aims to meet the growing demand for chips vital to industries ranging from automotive to data centres. The new manufacturing sites in Texas and Utah will support more than 60,000 new jobs. The investment includes the construction of facilities in Sherman, Texas, where TI is investing up to $40 billion for four new fabs. TI's first two fabs, SM1 and SM2, are already under construction, with two additional fabs, SM3 and SM4, planned for future expansion. US commerce secretary Howard Lutnick highlighted the partnership's importance, saying, "Our partnership with TI will support US chip manufacturing for decades to come." The project reflects the company's commitment to bolstering domestic semiconductor production in collaboration with the US government, further solidifying its legacy as a global leader in technology and manufacturing. "We are building dependable, low-cost 300 mm capacity at scale to deliver the analogue and embedded processing chips that are vital for nearly every type of electronic system," said Haviv Ilan, president and CEO of Texas Instruments. TI's new fabs will produce chips essential for products like smartphones, vehicles, and satellites. Apple, Ford, Medtronic, NVIDIA, and SpaceX are among the companies strengthening their partnerships with TI to advance US innovation. "Texas Instruments' American-made chips help bring Apple products to life," Apple CEO Tim Cook said, highlighting the critical role of US manufacturing in future tech developments. To this, Gwynne Shotwell, president and COO of SpaceX, said, "TI's US-made semiconductors are crucial for securing a US supply chain for our products, and their advanced silicon manufacturing capabilities provide the performance and reliability needed to help us meet the growing demand for high-speed internet all around the world." The new sites in Sherman will be integral to TI's efforts, with construction already underway on two fabs and plans for future expansion. In addition, the company is ramping up production in Richardson, Texas, and Lehi, Utah. These will manufacture millions of chips daily, driving innovation across industries including automotive, healthcare, AI, and satellite communications. With these efforts, TI aims to support the US supply chain and position itself at the forefront of semiconductor manufacturing.