Texas Instruments (TI) announced a record-breaking $60 billion investment in US chip manufacturing. This massive undertaking will involve building or expanding seven facilities across Texas and Utah, generating an estimated 60,000 jobs. TI touted this as the largest-ever US investment in foundational semiconductor manufacturing, following similar large-scale commitments from other tech companies like Micron. The investment's timeline remains unspecified.

Prepared by Christopher Adams and reviewed by editorial team.