Texas Instruments Makes Waves with $60 Billion US Chip Manufacturing Investment

Texas Instruments (TI) has announced a groundbreaking commitment of over $60 billion to U.S. semiconductor manufacturing, marking what it calls the largest investment in foundational chip production in U.S. history. This move comes amidst political pressure from President Donald Trump, who has emphasized the importance of boosting American manufacturing. TI’s ambitious plan includes the construction and expansion of seven facilities across Texas and Utah, which is expected to create approximately 60,000 jobs.

The company revealed that this investment will support semiconductor manufacturing for decades, as affirmed by U.S. Secretary of Commerce Howard Lutnick. This announcement follows a trend among other semiconductor companies, such as Micron, which recently increased its investment plans in the U.S. to a staggering $200 billion. However, the timeline for TI’s projects remains unclear.

Some analysts interpret these large investment announcements as strategic moves to placate political figures, especially given Trump’s prior threats to cancel the $52.7 billion CHIPS and Science Act introduced by President Joe Biden. TI had previously secured a $1.6 billion subsidy from the Biden administration for plans to invest $18 billion in the U.S.

Unlike companies specializing in AI chips like Nvidia, TI focuses on foundational chips, which are essential components in a variety of devices including smartphones and automobiles. TI serves major clients such as Apple, SpaceX, and Ford, but faces growing competition from Chinese manufacturers in the lower-end chip market. This monumental investment by Texas Instruments is poised to reshape the American tech landscape amid ongoing global supply chain challenges.