On June 18, 2025 (local time), Texas Instruments (TI) announced plans to invest more than $60 billion to build and expand seven semiconductor manufacturing facilities across the United States. In collaboration with the Trump administration, this marks the largest investment in foundational semiconductor manufacturing in U.S. history. The initiative aims to meet growing global demand for analog and embedded chips essential to industries from automotive to smartphones to data centers. TI expects the project will create over 60,000 direct and indirect jobs.

The investment includes construction and upgrades at TI's three major “mega-sites” in Sherman and Richardson, Texas, and Lehi, Utah. At the Sherman campus, TI's SM1 fab is scheduled to begin production later this year—just three years after groundbreaking. SM2 is already structurally complete, and the company has announced plans for two additional fabs, SM3 and SM4, to prepare for future capacity needs. In Richardson, TI is ramping up production at its RFAB2 facility, following the legacy of RFAB1, the world's first 300mm analog fab launched in 2011. In Lehi, TI is accelerating the build-out of LFAB1 and progressing construction on LFAB2.

“TI is building reliable, cost-effective 300mm capacity at scale to support the world's critical electronic systems,” said Haviv Ilan, TI President and CEO. “We are honored to partner with leading companies like Apple, Ford, Medtronic, NVIDIA, and SpaceX, as well as with the U.S. government, to strengthen America's innovation engine.”

U.S. Secretary of Commerce Howard Lutnick commented, “Texas Instruments has been a pillar of American innovation for nearly a century. This investment reinforces our commitment to growing domestic chip manufacturing for everyday technologies.”

TI is the largest U.S.-based manufacturer of foundational analog and embedded semiconductors. Its chips are vital to smartphones, satellites, electric vehicles, and medical devices. The expansion reflects TI's long-term strategy to localize supply chains, advance manufacturing leadership, and enable future innovation.

The announcement received strong support from TI's strategic partners:

 ● Apple CEO Tim Cook said, “TI's U.S.-made chips help power Apple products, and we're proud to support American manufacturing that drives innovation and opportunity.”

 ● Ford CEO Jim Farley stated, “With 80% of our U.S.-sold vehicles assembled domestically, our collaboration with TI strengthens the supply chain that powers future mobility.”

 ● Medtronic CEO Geoff Martha added, “TI has been vital in ensuring continuity of supply for our life-saving devices, especially during chip shortages. We're proud to build the future of healthcare together.”

 ● NVIDIA CEO Jensen Huang noted, “NVIDIA and TI share a vision to revitalize U.S. manufacturing by building advanced AI infrastructure. We look forward to deeper collaboration.”

 ● SpaceX President Gwynne Shotwell remarked, “TI's high-performance U.S.-made chips are crucial for Starlink and satellite innovation. They provide the reliability and scale we need to expand global internet access.”

The U.S. government has pledged $1.6 billion under the CHIPS Act to support TI's expansion in Texas and Utah, although further disbursements remain under review. In the meantime, TI's investment will contribute not only to job creation but also to funding local education programs that connect students to future careers in semiconductor manufacturing.