Texas is once again going big. This time a chipmaker with the namesake of the U.S. state is planning on investing a whopping sum into the United States. Computer chip giant Texas Instruments (TI) will invest more than $60 billion in the U.S., as President Donald Trump pressures big technology firms to increase manufacturing in the country.
This latest announcement comes on the heels of other similar announcements by major chipmakers like Micron and Taiwan Semiconductor Manufacturing Co. (TSMC), who have pledged to invest billions of dollars in bringing manufacturing back to U.S. shores.
READ: Trump to withhold CHIPS Act funding from companies like Micron Technology (April 2, 2025)
The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah, and create 60,000 jobs. TI did not give a detailed timeline for the investment.
“President Trump has made it a priority to increase semiconductor manufacturing in America,” U.S. Secretary of Commerce Howard Lutnick, said in a statement on Wednesday.
“Our partnership with TI will support US chip manufacturing for decades to come.”
Trump has repeatedly threatened to cancel the $52.7 billion CHIPS and Science Act, which was introduced by his predecessor, former President Joe Biden.
These investments are partly driven by efforts to reduce reliance on Asian supply chains and to align with political and economic pressures from leaders like Donald Trump, who has long pushed for bringing manufacturing back to the U.S. During his presidency and ongoing influence in Republican policy, Trump has emphasized national security and economic independence, particularly in the tech sector.
To avoid tariffs, gain political favor, and access federal incentives, chipmakers are building or expanding fabs in states like Arizona, Idaho, and Texas. These moves not only bolster U.S. semiconductor self-sufficiency but also serve to placate Trump’s America-first agenda, demonstrating their willingness to reinvest in domestic capabilities amid rising geopolitical and trade tensions with China.
Texas Instruments Incorporated (TI) is a global semiconductor company headquartered in Dallas, Texas. Founded in 1930 as Geophysical Service Inc., it transitioned into the electronics sector during the 1950s and adopted the Texas Instruments name in 1951. Today, TI is a leading designer and manufacturer of analog and embedded processing chips, which are used in a broad range of electronic systems.
READ: Donald Trump to privatize mortgage firms Fannie Mae and Freddie Mac (January 3, 2025)
TI’s core business is focused on two main segments: Analog and Embedded Processing. Analog chips manage power and signal conversion, essential for devices such as industrial machinery, personal electronics, and automotive systems. Embedded processors serve as the brains of many electronics, enabling control functions in everything from home appliances to advanced defense systems.
Texas Instruments’ $60 billion investment in U.S. manufacturing represents a major strategic move to strengthen its supply chain, increase production capacity, and reduce dependence on overseas fabs. By building new semiconductor fabrication plants in Texas and Utah, TI aims to support growing demand in key markets like automotive, industrial, and aerospace. This investment enhances domestic chipmaking capabilities, aligns with national goals for tech independence, and positions TI as a key player in securing America’s semiconductor future. It also creates thousands of jobs and demonstrates TI’s long-term commitment to innovation, reliability, and economic development within the U.S. semiconductor industry.