AssetID: 54854695
Headline: UNCAPTIONED: Texas Instruments Commits $60bn to Boost US Chip Manufacturing
Caption: Texas Instruments Commits $60bn to Boost US Chip Manufacturing. Texas Instruments (TI) has pledged a historic $60 billion investment to expand chip manufacturing in the United States. The company plans to build or expand seven semiconductor facilities across Texas and Utah, creating 60,000 jobs. This move, described by TI as the largest investment in US semiconductor manufacturing aligns with President Trump’s push for more domestic tech production. TI’s expansion follows similar commitments from other tech giants, such as Micron, which announced a $200 billion increase in US investments last week. US Secretary of Commerce Howard Lutnick highlighted that the partnership with TI will ensure long-term support for American chip manufacturing, a key priority for the Trump administration. However, TI has not provided a detailed timeline for the investment. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Texas Instrument,micro chip,conductor,facilities,build,United States,chip,manufacturing,expand,$60 million,pledge,Micron,US President,Donald Trump,alligns,tariffs,vision,Howard Lutnick,partnership,long-term support,largest investment,create,thousands,jobs
PersonInImage: