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Texas Instruments is making a $60 billion bet on U.S.-made microchips
TITI(US:TXN) CNBCยท2025-09-04 16:01

Company Overview & Strategy - Texas Instruments (TI) is expanding US-based microchip production with a new factory in Sherman, Texas [1][4] - The new factory is one of seven, signaling a significant investment in domestic production [1] - The campus size will exceed 70 football fields or the equivalent of two Empire State Buildings [2] - TI aims to produce its most advanced analog chips at this new facility, focusing on foundational technologies for autos and industrial applications [2] Products & Customer Base - TI has over 100,000 customers and approximately 80,000 different products [3] - TI chips are present in a wide range of devices, including those that plug into the wall, use batteries, or have cords [3] - TI chips are also used in phones, computers, and data centers, supporting the AI boom [2] Market Challenges - TI shares experienced a decline in July due to customer concerns regarding tariffs and geopolitics [3]