Electronics Industry
Texas Instruments to Invest $60 Billion to Make Semiconductors in US
TI will supply chips to Apple, Ford, Medtronic, NVIDIA and SpaceX.

Texas Instruments plans to invest more than $60 billion across seven U.S. semiconductor fabs, the largest investment in foundational semiconductor manufacturing in U.S. history. Photo courtesy Texas Instruments
DALLAS—Texas Instruments plans to invest more than $60 billion across seven U.S. semiconductor fabs, the largest investment in foundational semiconductor manufacturing in U.S. history.
TI is expanding its U.S. manufacturing capacity to supply the growing need for semiconductors for vehicles, smartphones, data centers and other technologies. Combined, TI’s new manufacturing sites in Texas and Utah will support more than 60,000 U.S. jobs.
“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 Haviv Ilan, president and CEO of Texas Instruments. “Leading U.S. companies such as Apple, Ford, Medtronic, NVIDIA and SpaceX rely on TI’s world-class technology and manufacturing expertise, and we are honored to work alongside them and the U.S. government to unleash what’s next in American innovation.”
The investment includes building and ramping seven, large-scale, connected fabs. Combined, the facilities will manufacture hundreds of millions of chips daily.
Specifically, the investment will fund the following facilities:
- SM1, TI’s first new fab in Sherman, TX, will begin initial production this year, just three years after breaking ground. Construction is also complete on the exterior shell of SM2, TI’s second new fab in Sherman. Incremental investment plans include two additional fabs, SM3 and SM4, to support future demand.
- TI’s second fab in Richardson, TX, RFAB2, continues to ramp to full production and builds on the success of RFAB1, the company’s first 300-millimeter analog fab, which opened in 2011.
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