Texas Instruments is building a $60 billion U.S. manufacturing megaproject where Apple vows to make "critical foundation semiconductors" for iPhones and other devices. CNBC went to Sherman, Texas, for an exclusive first look inside the newest fab of seven TI's building in Utah and Texas to provide U.S.-made chips to customers like Nvidia and Ford. TI shares have suffered amid tariff concerns, and it's lost analog market share for several years, but top leaders are confident about the huge spend.
First Look At Texas Instruments’ $60 billion Megaproject For U.S.-Made Chips
- Thread starter soAsian
- Start date
hist78
Well-known member
Mohammad Yunus, Senior VP, Technology and Manufacturing, TI (Texas Instruments):
We would have more than 5X of the capacity that we have today when all of these fabs build out.
Katie Tarasov, CNBC Reporter:
5X is a lot. Do you think the market is going to need all that?
Mohammad Yunus, TI:
Yes, when you think about the semiconductor content growth it continues to grow.
****
How much of that is driven by an IDM's confidence, and how much by real market demand?
Hopefully TI is taking TSMC's strategy of building fabs for customers rather than building fabs in hopes of customers. Mabey the USG will take a stake in TI as well?