Good news of course. More capacity equals better pricing, absolutely.
Texas Instruments, based in Dallas, is betting heavily on US-made chips and has an ambitious plan to invest up to $ 30 billion to build up to four new semiconductor factories in Sherman.
TI said Wednesday that it will begin building the first two plants next year to produce its 300-millimeter wafers, which are used in automobiles and trucks to industrial machinery. It estimates that chip production will start by 2025.
Two more plants could be added at the 4.7 million square foot Grayson County facility to meet future chip demand. The company said the plants could employ up to 3,000 workers when completed.
“Sherman offers some unique advantages such as a competitive business environment, access to a highly skilled technical staff and an existing supplier base,” said Kyle Flessner, senior vice president of technology and manufacturing at TI. “Being close to our other manufacturing facilities in Dallas and Richardson will help us further increase our efforts and operational efficiencies as we expand our 300 millimeter manufacturing presence in North Texas.”
austin-reports.com
Texas Instruments, based in Dallas, is betting heavily on US-made chips and has an ambitious plan to invest up to $ 30 billion to build up to four new semiconductor factories in Sherman.
TI said Wednesday that it will begin building the first two plants next year to produce its 300-millimeter wafers, which are used in automobiles and trucks to industrial machinery. It estimates that chip production will start by 2025.
Two more plants could be added at the 4.7 million square foot Grayson County facility to meet future chip demand. The company said the plants could employ up to 3,000 workers when completed.
“Sherman offers some unique advantages such as a competitive business environment, access to a highly skilled technical staff and an existing supplier base,” said Kyle Flessner, senior vice president of technology and manufacturing at TI. “Being close to our other manufacturing facilities in Dallas and Richardson will help us further increase our efforts and operational efficiencies as we expand our 300 millimeter manufacturing presence in North Texas.”
Texas Instruments selects Sherman for potential $30 billion semiconductor chipmaking campus - Austin Reports
[ad_1] Texas Instruments, based in Dallas, is betting heavily on US-made chips and has an ambitious plan to invest up to $ 30 billion to build up to four new semiconductor factories in Sherman.TI said Wednesday that it will begin building the first two plants next year to produce its…
austin-reports.com
