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Texas Instruments plans to invest $60 billion in seven semiconductor manufacturing plants across three mega-sites in Texas and Utah. This marks the largest investment of its kind in U.S. history.
In Lehi, Utah, the firm will ramp up production at a 2 million-square-foot fab that TI purchased for $900 million from Micron in 2021. Additionally, the company is expanding the site with an $11 billion plant set to turn operational next year, marking the largest investment in the state’s history.