Texas Instruments To Spend $60 Billion On U.S. Chip Plants

Texas Instruments, known to many for the TI-83 graphing calculator, has announced that it plans to invest over $60 billion in semiconductor manufacturing facilities across the U.S., Andrew Nusca reported for Fortune Tech.

Some investors have expressed concern over TI’s aggressive capital spending. I Photo: Texas Instruments

The move places TI among a growing list of chipmakers—including GlobalFoundries, TSMC, and Micron—responding to the White House’s push for domestic production in response to global trade tensions and tariffs.

Some of the funds will go toward facilities already under construction, while TI also plans to build two new factories in Sherman, Texas, about an hour from its Dallas headquarters.

According to a Bloomberg report, TI has been steadily expanding its U.S.-based production capacity to stay competitive, especially against rising Chinese manufacturers.

The company leads in the analog chip sector, which converts real-world data like sound and pressure into electronic signals. While Chinese firms are blocked from accessing cutting-edge chips, they are “rapidly expanding their capabilities” in analog technology.

Some investors have expressed concern over TI’s aggressive capital spending. Addressing the issue earlier this year, CEO Haviv Ilan said, “We’re... approaching the last innings.” At least until the landscape changes again.