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$33.6 Million Texas Semiconductor Innovation Fund Grant Awarded To Texas Instruments

· Texas Border Business

Governor Greg Abbott announced a $33.6 million grant from the Texas Semiconductor Innovation Fund (TSIF) awarded to Texas Instruments (TI) for enhancements at their Richardson semiconductor wafer fab. This initiative is part of a larger $700 million capital investment aimed at expanding TI's manufacturing capabilities. Texas Instruments, a key player in the semiconductor industry, has a rich history of innovation, including the invention of the integrated circuit. The funding will support the production of essential chips for various electronic devices, reinforcing Texas' leadership in semiconductor manufacturing and technology.

AI summary · Source: Texas Border Business

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