Dallas, TX | June 24, 2025 — Texas Instruments (TI) has announced a monumental $60 billion investment to expand its semiconductor manufacturing footprint across the United States, marking one of the largest commitments in the industry’s history. The initiative will significantly boost domestic chip production capacity and support over 60,000 jobs, according to the company.

The Dallas-based chipmaker plans to build and expand fabrication plants—commonly known as fabs—at three locations: Sherman, Texas; Richardson, Texas; and Lehi, Utah. The Sherman site will receive up to $40 billion of the total investment and will eventually house four fabs, including two already under construction.

TI’s expanded capacity will focus on producing advanced 300mm analog and embedded processing chips, which are essential for powering devices from global giants such as Apple, Ford, Medtronic, Nvidia, and SpaceX.

“Leading U.S. companies such as Apple, Ford, Medtronic, NVIDIA and SpaceX rely on TI’s world-class technology and manufacturing expertise, and we are honored to work alongside them and the U.S. government to unleash what’s next in American innovation,” said Haviv Ilan, president and CEO of TI.

The move aligns with a broader federal push to onshore semiconductor production amid intensifying global competition, especially as artificial intelligence and advanced electronics become more central to economic development and national security.

The U.S. Department of Commerce is supporting the expansion with up to $1.6 billion in federal funding through the CHIPS and Science Act, part of the Biden administration’s efforts to rebuild America’s high-tech supply chains.

“President Trump has made it a priority to increase semiconductor manufacturing in America — including these foundational semiconductors that go into the electronics that people use every day,” said Commerce Secretary Howard Lutnick. “Our partnership with TI will support U.S. chip manufacturing for decades to come.”

When fully operational, TI’s seven fabs will be capable of producing hundreds of millions of chips each day. The SM1 fab in Sherman is scheduled to begin production by the end of this year.

This investment also puts TI among a growing list of U.S. and international chipmakers leveraging CHIPS Act incentives. In March, Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion in U.S. investment, supplementing its $65 billion and $6.6 billion CHIPS award.

TI’s aggressive expansion comes as the demand for high-performance, energy-efficient chips surges across sectors—from consumer electronics and automotive to aerospace, defense, and AI-enabled systems.

By scaling its domestic operations, TI is not only securing its own supply chain resilience but also contributing to the U.S. semiconductor industry's long-term competitiveness on the global stage.

Originally reported by Nathan Owens in Construction Dive.