logo
welcome
UPI

UPI

Biden administration to invest $1.6B in Texas Instruments semiconductor supply effort

UPI
Summary
Nutrition label

91% Informative

Texas Instruments is seeking to ramp up U.S. capabilities in production of "mature node" semiconductors.

The new plants will target the ongoing and chronic shortage of workhorse 300mm wafer chips.

The shortage of mature node chipsets in the 22 -75 nanometer range largely remains unfilled.

The CHIPS Act was signed into law by President Joe Biden in 2022 .