Texas Instruments awarded up to $1.61B CHIPS award for three new semiconductor facilities

The U.S. Department of Commerce awarded Texas Instruments up to $1.61 billion in direct funding under the CHIPS Incentives Program to support over $18 billion in investment for constructing three new semiconductor facilities: two in Texas and one in Utah.

“This funding will support TI's investment of more than $18 billion through the end of the decade to construct three new state-of-the-art facilities, including two in Texas and one in Utah.”commerce.gov

• 3 sources
• commerce.govU.S. Department of CommerceDec 1, 2024
• nist.govBiden-Harris Administration Announces CHIPS Incentives Award with Texas Instruments to Expand U.S. Capacity of Current-Generation and Mature-Node Chips | NISTDec 20, 2024
• ti.comTexas Instruments announces award agreement for CHIPS and Science Act funding | TI.comDec 20, 2024

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