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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) to Texas Instruments (TI) for enhancements at their Richardson semiconductor wafer fab. This project is part of a larger $700 million investment aimed at expanding capacity and technology. TI, a leading semiconductor manufacturer, has been pivotal in the industry since creating the first commercial silicon transistor in 1954. The funding will bolster TI's ability to produce essential chips for various electronic devices. Abbott emphasized Texas's role in semiconductor innovation and the importance of such investments for future technological leadership.

AI summary · Source: Texas Border Business

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