Texas Instruments received a $33.6 million grant from the state of Texas to support expansion of its Richardson semiconductor facility, according to a state news release.
The overview
Dallas-based Texas Instruments is the largest foundational semiconductor manufacturer in the country, the release states, and produces processing chips used in satellites, vehicles, smartphones and other electronic devices.
The company plans to expand its capacity and technology investments at its semiconductor wafer production facility in Richardson, a project expected to total $700 million. The facility produces 300mm wafers, which are the largest silicon wafers used in semiconductors.
The state’s grant comes from the Texas Semiconductor Innovation Fund, established in 2023 to support semiconductor research, design and manufacturing in the state.
“Texas Instruments is a global trailblazer, and this expansion of their historic, long-term investment in our great state advances Texas’ leadership in semiconductor manufacturing,” Gov. Greg Abbott said in the release. “Texas has the innovation, the infrastructure, and the talent to manufacture the technologies that will change the future of the world.”
The context
Texas Instruments is “proud to call Texas home,” said Mohammad Yunus, Texas Instruments senior vice president for technology and manufacturing, in the release.
“This award recognizes the investment we have made in our Richardson semiconductor manufacturing factory and reinforces our commitment to producing the foundational technology that is vital for nearly every electronic device, now and for decades to come,” Yunus said.
