Texas Instruments set to receive up to $1.6 billion in CHIPS and Science Act funding for Utah and Texas fabs expansion

U.S. government to support TI's fab projects in Texas and Utah with $1.6 billion in direct funding and up to $8 billion in investment tax credits.

By: Tom's Hardware UK

Aug 24 2024
9
4855 Views

Texas Instruments set to receive up to $1.6 billion in CHIPS and Science Act funding for Utah and Texas fabs expansion — Texas Instruments set to recei

Texas Instruments (TI) has entered into a preliminary agreement with the U.S. Department of Commerce to get up to $1.6 billion in funding under the CHIPS and Science Act. This, along with an anticipa… [+2984 chars]

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