# Texas Instruments awarded up to $1.61B CHIPS funding for three fabs

The U.S. Department of Commerce awarded Texas Instruments up to $1.61 billion in direct CHIPS Act funding to support TI's $18 billion investment in three new fabrication facilities: two in Sherman, Texas, and one in Utah. The projects are expected to create over 2,000 manufacturing jobs and over 20,000 construction jobs.

- Type: Investment
- Announced: 2024-08-14
- Where: Sherman, Texas; Utah, United States
- Value: $18.0B
- Jobs: 2,000
- Status: announced
- Products: analog semiconductors, embedded processing semiconductors, power management integrated circuits, microcontrollers, amplifiers, sensors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Texas Instruments](https://endata.com/companies/29167.md)

## Sources

- [nist.gov](https://www.nist.gov/chips/texas-instruments-texas-sherman), 2024-08-14: "The funding would support TI’s investment of more than $18 billion through the end of decade for the construction of three state-of-the-art fabrication facilities."
- [db.forbesmiddleeast.com](https://db.forbesmiddleeast.com/innovation/technology/chipmaker-texas-instruments-to-receive-up-to-%2416b-in-direct-funding-from-us), 2024-08-16: "The US government said Friday it signed a preliminary deal with Texas Instruments (TI) to provide the chipmaker up to $1.6 billion in direct funding for its new manufacturing facilities under construction in Texas and Utah."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.