Texas Instruments plans to invest more than $60 billion to manufacture billions of foundational semiconductors in the U.S.

Core Insights - Texas Instruments (TI) is expanding its U.S. manufacturing capabilities to meet the growing demand for analog and embedded processing chips, which are essential for various electronic systems [1][2][7] - TI's partnerships with leading companies like Apple, Ford, Medtronic, NVIDIA, and SpaceX highlight its role in driving innovation and strengthening the domestic supply chain for semiconductors [3][4][5][6] Group 1: Company Overview - Texas Instruments is the largest foundational semiconductor manufacturer in the U.S., producing critical chips for smartphones, vehicles, data centers, and satellites [2] - The company has made over $60 billion investment in U.S. manufacturing, including the construction of seven large-scale fabs across Texas and Utah [7] Group 2: Partnerships and Collaborations - Apple emphasizes the importance of TI's American-made chips in driving innovation and advanced manufacturing in the U.S. [3] - Ford collaborates with TI to enhance American manufacturing and secure a robust supply chain for future mobility, with 80% of its vehicles sold in the U.S. assembled domestically [4] - Medtronic relies on TI's semiconductors for life-saving medical technologies, especially during global chip shortages, to maintain supply continuity [5] - NVIDIA and TI are working together to develop advanced AI infrastructure, aiming to revitalize U.S. manufacturing [6] - SpaceX utilizes TI's high-speed technology for its Starlink satellite internet service, emphasizing the importance of U.S.-made semiconductors for its operations [6][7] Group 3: Manufacturing Developments - TI's Sherman facility is set to begin initial production this year, with plans for additional fabs to support future demand [9] - The company is ramping up production at its Richardson and Lehi fabs, continuing its legacy of innovation in semiconductor manufacturing [9]