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Brief of diving:
- Texas Instruments plans to spend more than $ 60 million on seven semiconductor manufacturing plants, marking one of the largest investments in the sector so far, said the company based in Dallas on Wednesday.
- Historical investment will add Fabs to three Ti -manufacturing sites in Sherman, Texas and Richardson, Texas, as well as Lehi, Utah, supporting more than 60,000 new jobs, according to a statement.
- Ti’s largest place in Sherman will receive up to $ 40 billion for four Fabs, including two already underway, the company said. Investment extends the capacity of 300 mm TI chips used by Apple, Ford, Medtronic, Nvidia and other companies.
Divide vision:
TI is one of the largest founding semiconductor manufacturing companies in the United States, producing analog processing chips and embedded in smartphones, vehicles, data centers, satellites and other electronic devices.
The leading countries of the world are competing to establish themselves as dominant actors in the semiconductor space, as artificial intelligence technologies advance and transform the lives of peoples. The Department of Commerce granted up to $ 1.6 billion In financing through the Chips and Sciences Law for the new IT FABS.
“President Trump has made it a priority to increase the manufacture of semiconductors in America, including these founding semiconductors who enter the electronics that people use every day,” said the Secretary of Commerce Howard Lutnick in a statement. “Our collaboration with TI will support us about the manufacture of chip for the coming decades.”
At all capacity, the seven new IT FABS will be able to make hundreds of millions of chips daily, according to a statement. The company is actively reducing and building the Fabs through its Texas and Utah locations, with the SM1 Fab a Sherman who was expected to start producing this year.
“ American companies like Apple, Ford, Medtronic, Nvidia and Spacex are based on the experience of technology and the manufacture of World TI technology, and we have honor to work with them and the United States Government to trigger what is in American innovation, ” said Haviv Ilan, President and CEO of TI, said in a statement.
TI is one of the chip makers to increase its investments to secure the financing of the sheets and science law, as Lutnick renegotiates contractual terms. In March, Taiwan Semiconductor Manufacturing Co., which reached $ 6.6 billion in CHIPS Fund, said it would invest an additional $ 100 billion in North -American manufacturing over $ 65 billion announced above.
