Texas Instruments Unveils $60 Billion Chip Investment

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The company says it will be the largest capital spending in semiconductor manufacturing in U.S. history.

Texas Instruments Unveils $60 Billion Chip Investment

A Texas Instruments office in San Diego on April 24, 2018. Mike Blake/Reuters

Tom Ozimek

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Texas Instruments (TI) says it will invest more than $60 billion across seven new semiconductor fabrication plants in the United States.

This marks the largest investment in foundational chip manufacturing in U.S. history and aligns with the Trump administration’s goal to expand semiconductor production in America, the company said in a June 18 release.

Tom Ozimek

Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.

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