Texas Instruments to invest more than $60 billion to make semiconductors in the US

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"Texas Instruments to Invest Over $60 Billion in U.S. Semiconductor Manufacturing"

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Texas Instruments (TI) has announced a historic investment of over $60 billion to expand semiconductor manufacturing in the United States. This initiative, which is expected to create more than 60,000 jobs, will focus on the construction of seven semiconductor fabrication plants located in Texas and Utah. The investment aligns with the current administration's strategy to bolster domestic production of essential chips that are integral to a wide range of electronic devices, including smartphones, data centers, and automobiles. TI's commitment to this expansion is part of a broader effort to maintain the United States' competitive edge in technology, particularly against China, and to promote American manufacturing in the semiconductor sector. US Commerce Secretary Howard Lutnick emphasized the importance of this partnership in ensuring the longevity and sustainability of US chip manufacturing for decades to come.

This announcement comes amidst a series of significant investments by major American companies in domestic production. Companies like General Motors and Apple have also recently pledged substantial sums to increase their manufacturing capabilities in the US, demonstrating a shift towards onshoring production in response to government pressures. While these investments are positioned as part of a national strategy to revive US manufacturing and reduce reliance on foreign production, experts caution that challenges remain. The feasibility of manufacturing complex products, such as smartphones, domestically is complicated by a lack of skilled labor and necessary components within the country. As the Trump administration emphasizes the importance of keeping technological advancements within American borders, maintaining leadership in artificial intelligence and other emerging technologies remains a critical objective. Vice President JD Vance has reiterated the administration's commitment to ensuring that the United States continues to lead in the AI sector, reinforcing the importance of these investments in the context of national competitiveness and economic strategy.

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Texas Instruments will invest more than $60 billion to expand semiconductor manufacturing in the United States, thecompany announcedon Wednesday, as President Donald Trump continues to pressure tech giantslike Apple and Samsungto build their productsin America.

The investment will go towards seven semiconductor fabrication plants across Texas and Utah, resulting in more than 60,000 jobs, the company said in a press release. TI says it’s working with the Trump administration to help producethe critical chips that power everything from smartphones to data centers and carsdomestically. It’s part of the White House’s push to keep the United States ahead of China in the technology industry while promoting American manufacturing.

TI, which partners with tech and auto giants like Apple, Nvidia and Ford, claims this is the “largest investment in foundational semiconductor manufacturing in US history.”

“President Trump has made it a priority to increase semiconductor manufacturing in America – including these foundational semiconductors that go into the electronics that people use every day,” US Commerce Secretary Howard Lutnick said in a press release. “Our partnership with TI will support US chip manufacturing for decades to come.”

The announcement marks the latest major planned investment in the United States byan American company as Trump pushes industries like tech to onshore more production. Earlier this month,General Motors saidit would invest $4 billion to increase US production. Apple said in February that it wouldinvest $500 billionto expand its US facilities. Oracle, OpenAI and SoftBankannounced in Januarythat they would team up to create a new company called Stargate to grow artificial intelligence infrastructure in America.

However, some of these tech giants – including Apple and TSMC – were expanding in the United Stateslong beforeTrump’s second administration.

Reviving US manufacturing has been a tentpole goal of Trump’s presidency. For the first three months of his second term, he went ona tariff blitz, promising to impose levies on nearly every product made abroad. He claimed these efforts would boost jobs in the US and rebalance whathesaw as unfair practicesby America’s trading partners.

Trump Mobile, a new venture from the Trump Organization, plans to launcha new smartphonein September that it claims will be “proudly designed and built” in the United States. But experts have said manufacturing productslike iPhonesdomesticallywould be a daunting challenge even if the United Stateshad the necessary fabrication plants. That’s primarily because America lacks the labor skills and components to produce them.

Staying ahead of China in the tech race has been another priority of Trump’s presidency, especially after Chinese startupDeepSeek shook Wall Streetand Silicon Valley with its high-performing yet supposedly cheap AI model.

“The United States of America is the leader in AI,” Vice President JD Vancesaidat the Artificial Intelligence Action Summit in Paris in February. “And our administration plans to keep it that way.”

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Source: CNN