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Texas Instruments (TXN) said Wednesday it plans to invest over $60 billion in U.S. chip production, making it the latest chipmaker to announce funds earmarked for U.S. facilities as President Donald Trump urges firms to commit to American manufacturing.

Texas Instruments said the $60 billion investment will create 60,000 jobs and called it the "largest investment in foundational semiconductor manufacturing in US history."

Texas Instruments Inc (NASDAQ:TXN) has announced plans to invest more than $60 billion to expand semiconductor manufacturing in the United States. The investment will fund the construction and expansion of seven semiconductor fabrication plants (fabs) across three major sites in Texas and Utah, including a mega-site in Sherman, Texas, which alone will receive up to $40 billion for four fabs (SM1 to SM4), the company said on Wednesday.

Texas Instruments said on Wednesday it would invest more than $60 billion across seven U.S. semiconductor fabs, marking the largest investment in foundational chip manufacturing in American history.

Leading U.S. companies Apple, Ford, Medtronic, NVIDIA and SpaceX strengthen partnerships with TI to unleash the next era of American innovation NEWS HIGHLIGHTS: More than $60 billion investment includes seven U.S. semiconductor fabs across three manufacturing mega-sites in Texas and Utah supporting more than 60,000 new U.S. jobs Largest investment in foundational semiconductor manufacturing in U.S. history, building on TI's almost-100-year legacy TI's largest mega-site in Sherman, Texas includes investment of up to $40 billion dollars for four fabs: SM1 and SM2 – already underway – and two additional fabs, SM3 and SM4 Leverages TI's strengths as a global technology and manufacturing leader to advance critical innovations from vehicles to smartphones to data centers DALLAS , June 18, 2025 /PRNewswire/ -- Texas Instruments (TI) (Nasdaq: TXN) today announced its plans to invest more than $60 billion across seven U.S. semiconductor fabs, making this the largest investment in foundati

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Texas Instruments (TXN) concluded the recent trading session at $199.22, signifying a +2.16% move from its prior day's close.

Zacks.com users have recently been watching Texas Instruments (TXN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

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Texas Instruments (TXN) concluded the recent trading session at $202.29, signifying a +1.55% move from its prior day's close.