Texas
Texas Instruments on track to secure $1.6 billion in CHIPS Act funds to build three new wafer fabs
In a move aimed at bolstering the US' semiconductor manufacturing capabilities, Texas Instruments and the US Department of Commerce have signed a preliminary agreement outlining potential terms...
Why it matters: When the pandemic rolled through the global economy four years ago, it became clear to US officials that they had let its domestic semiconductor manufacturing capabilities deteriorate to dangerous levels. Hence the seeds of the CHIPS ... [3363 chars]