Utah strikes deal with Texas Instruments for $11B expansion in Lehi
Utah Gov. Spencer Cox on Wednesday announced what his office called the \
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Utah Gov. Spencer Cox on Wednesday announced what his office called the \
Texas Instruments’ newly refurbished microchip plant in Lehi, Utah, as part of its expanding operations manufacturing semiconductors. Learn more.
Once best known for its consumer products, Texas Instruments is now a fast-growing force in semiconductor manufacturing and one that got a foothold in Utah in June 2021.
The U.S. was among the world leaders in designing and building microchips but that has ebbed dramatically. Congress approved a $280 billion package of subsidies to help the domestic microchip and compete with China. Will it work? Intel and Samsung are building chip manufacturing plants in the U.S.
A massive $280 billion federal proposal aimed at bolstering the U.S. microchip industry drew bipartisan support in both the House and Senate.