Texas Instruments to spend $60B to boost US chip manufacturing under Trump push

Texas Instruments said Wednesday it will spend more than $60 billion to expand its US manufacturing footprint, the latest chipmaker to ramp up domestic production amid pressure from the Trump administration to reshore the semiconductor supply chain.In December, the Biden administration finalized a $1.61 billion government subsidy for Texas Instruments to support construction of three new facilities after the company announced plans to invest at least $18 billion under the $52.7 billion CHIPS and Science bil ...