Texas Instruments invests $11 billion to build second semiconductor wafer plant in Utah
Feb. 24, 2023
The new 300-millimeter semiconductor wafer fabrication plant will be located next to its existing facility.
Texas Instruments Incorporated plans to build a new manufacturing plant in Lehi, Utah. The new 300-millimeter semiconductor wafer fabrication plant will be located next to its existing facility. The $11 billion investment will generate 800 new jobs, and the company intends to give $9 million to the Alpine School District in an effort to improve student opportunities and achievements.
In a recent quote, Haviv Ilan, Texas Instruments executive vice president and chief operating officer, and incoming president and chief executive officer, said, “This new fab is part of our long-term, 300-mm manufacturing roadmap to build the capacity our customers will need for decades to come. Our decision to build a second fab in Lehi underscores our commitment to Utah and is a testament to the talented team there who will lay the groundwork for another important chapter in TI’s future. With the anticipated growth of semiconductors in electronics, particularly in industrial and automotive, and the passage of the CHIPS and Science Act, there is no better time to further invest in our internal manufacturing capacity."
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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