In a major move to expand domestic production amid pressure from the Trump administration, Dallas-based Texas Instruments announced an investment exceeding $60 billion to build or expand seven chip fabrication plants across Texas and Utah. The company, which called the initiative the “largest investment in foundational semiconductor manufacturing in U.S. history,” projects the plan will support over 60,000 jobs.
The announcement was praised by U.S. Commerce Secretary Howard Lutnick, who stated, “President Trump has made it a priority to increase semiconductor manufacturing in America.” The investment comes despite President Trump’s repeated threats to repeal the CHIPS and Science Act, a law enacted by his predecessor which had previously finalized a $1.6 billion subsidy for TI in December. The new spending plan follows a trend of onshoring by chipmakers, including Micron’s recent pledge to increase its U.S. spending to $200 billion.
Unlike high-end AI chipmakers such as Nvidia, Texas Instruments specializes in “foundational chips” used in a vast array of products for customers like Apple, Ford, and SpaceX. This investment aims to solidify TI’s market position as it faces increasing competition in this sector from Chinese manufacturers.
