{"id":31532,"date":"2025-06-22T21:10:40","date_gmt":"2025-06-22T21:10:40","guid":{"rendered":"https:\/\/news.godj.com\/news\/texas-instruments-to-make-historic-60bn-us-chip-investment\/"},"modified":"2025-06-22T21:10:40","modified_gmt":"2025-06-22T21:10:40","slug":"texas-instruments-to-make-historic-60bn-us-chip-investment","status":"publish","type":"post","link":"https:\/\/news.godj.com\/news\/texas-instruments-to-make-historic-60bn-us-chip-investment\/","title":{"rendered":"Texas Instruments to make &#8216;historic&#8217; $60bn US chip investment"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">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.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">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<p class=\"sc-9a00e533-0 hxuGS\">The Dallas-based firm described the move as the &#8220;largest investment in foundational semiconductor manufacturing in US history.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">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<div data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;President Trump has made it a priority to increase semiconductor manufacturing in America,&#8221; US Secretary of Commerce Howard Lutnick, <a target=\"_blank\" href=\"https:\/\/www.ti.com\/about-ti\/newsroom\/news-releases\/2025\/texas-instruments-plans-to-invest-more-than--60-billion-to-manufacture-billions-of-foundational-semiconductors-in-the-us.html\" class=\"sc-f9178328-0 bGFWdi\">said in a statement on Wednesday<\/a>. <\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;Our partnership with TI will support US chip manufacturing for decades to come.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Like some other companies that unveiled major spending pledges, TI&#8217;s announcement includes money already earmarked to either build or expand facilities.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">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<p class=\"sc-9a00e533-0 hxuGS\">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<p class=\"sc-9a00e533-0 hxuGS\">Trump has also warned of potential new tariffs on imports of semiconductors.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">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<p class=\"sc-9a00e533-0 hxuGS\">The company operates 15 sites around the world, including facilities in the US and Asia. It counts iPhone-maker Apple, Elon Musk&#8217;s rocket firm SpaceX and motor industry giant Ford amongst its customers.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Texas Instruments has faced increasing competition from Chinese manufacturers of these lower-end chips.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c5yl0877zzmo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 Utah, and create 60,000 jobs. TI did not [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31533,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[10642,465,1107,10641,2360,8109],"class_list":["post-31532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech","tag-60bn","tag-chip","tag-historic","tag-instruments","tag-investment","tag-texas"],"_links":{"self":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/31532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/comments?post=31532"}],"version-history":[{"count":1,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/31532\/revisions"}],"predecessor-version":[{"id":31534,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/posts\/31532\/revisions\/31534"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media\/31533"}],"wp:attachment":[{"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/media?parent=31532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/categories?post=31532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.godj.com\/news\/wp-json\/wp\/v2\/tags?post=31532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}