# 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.

- Type: Investment
- Announced: 2024-12-01
- Where: Texas and Utah, United States
- Value: $1.61B
- Starts operating: 2029
- Status: announced
- Capacity: tens of millions of analog and embedded processing chips every day
- Products: current-generation and mature-node semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Texas Instruments](https://endata.com/companies/29167.md)
- [U.S. Department of Commerce](https://endata.com/companies/74718.md) (investor)

## Sources

- [commerce.gov](https://www.commerce.gov/news/press-releases/2024/12/biden-harris-administration-announces-chips-incentives-award-texas), 2024-12-01: "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."
- [nist.gov](https://www.nist.gov/news-events/news/2024/12/biden-harris-administration-announces-chips-incentives-award-texas), 2024-12-20: "Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded Texas Instruments (TI) up to $1.61 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities."
- [ti.com](https://www.ti.com/about-ti/newsroom/news-releases/2024/2024-12-20-texas-instruments-announces-award-agreement-for-chips-and-science-act-funding.html), 2024-12-20: "The increasing number of electronic devices in our lives depend on our foundational chips, and we appreciate the support from the U.S. government to make the semiconductor ecosystem stronger and more resilient."

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