Construction is slated to begin the second half of 2023, with production as early as 2026, as the Dallas-based company continues to invest in the U.S.
. Because of the breadth of TI’s portfolio, its performance is closely watched on Wall Street.
. “With the anticipated growth of semiconductors in electronics, particularly in industrial and automotive, and the passage of the CHIPS and Science Act, there is no better time to further invest in our internal manufacturing capacity.”TI’s wafer fabrication plants produce semiconductor chips in a sterile environment, where a 400-step process takes place to turn 300-millimeter wafers into some of the world’s most essential technology. Cars, calculators and industrial machinery all use TI chips.
“Companies like Texas Instruments continue to invest in Utah because of our world-class business climate and exceptional workforce,” said Utah Gov. Spencer Cox. “TI’s new semiconductor fab will solidify Utah as a global semiconductor manufacturing hub for generations to come.”
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