Gov. Greg Abbott announced Thursday that Texas Instruments will receive a $33.6 million grant through the Texas Semiconductor Innovation Fund to support a major expansion of its semiconductor manufacturing facility in Richardson.
The project includes an expected $700 million capital investment to increase production capacity and advance manufacturing technology at the company’s 300-millimeter semiconductor wafer fabrication plant, known as RFAB.
Expansion Aims To Boost U.S. Chip Manufacturing
According to the governor’s office, the investment will expand production capacity, enhance manufacturing capabilities, and support new process technologies at the Richardson facility.
Texas Instruments said the project will strengthen production of analog and embedded processing semiconductors used in products ranging from satellites and automobiles to smartphones and other electronic devices.
“Texas is where the integrated circuit was born and where the future is forged,” Abbott said. “Texas Instruments is a global trailblazer, and this expansion of their historic, long-term investment in our great state advances Texas’ leadership in semiconductor manufacturing. Texas has the innovation, the infrastructure, and the talent to manufacture the technologies that will change the future of the world.”
Headquartered in Dallas, Texas Instruments is a Fortune 500 company and the nation’s largest manufacturer of analog and embedded processing semiconductors.
The company traces its technological roots to North Texas, where it developed the world’s first commercial silicon transistor in 1954. Four years later, Texas Instruments engineer Jack Kilby invented the integrated circuit, a breakthrough that helped lay the foundation for modern electronics.
Company Reaffirms Commitment To Texas
Mohammad Yunus, senior vice president of Texas Instruments’ Technology and Manufacturing Group, said the grant recognizes the company’s continued investment in Texas.
“As the largest analog and embedded processing semiconductor manufacturer in the U.S., Texas Instruments is proud to call Texas home,” Yunus said. “This award recognizes the investment we have made in our Richardson semiconductor manufacturing factory and reinforces our commitment to producing the foundational technology that is vital for nearly every electronic device, now and for decades to come.”
State Sen. Bob Hall also praised the investment, saying it reinforces Texas’ role in the nation’s semiconductor industry.
“Texas has long been the leader in innovation, and investments like this ensure we remain the leader for generations to come,” Hall said. “Texas Instruments helped shape the modern world by pioneering semiconductor technology right here in North Texas, and this expansion reinforces our state’s critical role in strengthening America’s supply chain, national security, and technological leadership.
“I appreciate Governor Abbott’s continued commitment to investing in Texas manufacturing and creating an environment where companies like Texas Instruments can continue to grow, innovate, and create high-quality jobs.”
Part Of Texas CHIPS Initiative
The grant is funded through the Texas Semiconductor Innovation Fund, which was created under the Texas CHIPS Act signed into law by Abbott in 2023.
The legislation established both the Texas Semiconductor Innovation Fund and the Texas Semiconductor Innovation Consortium, programs administered by the Texas CHIPS Office within the Governor’s Economic Development & Tourism Office.
State officials said the initiatives are designed to strengthen Texas’ leadership in semiconductor research, design, and manufacturing, encourage additional industry investment, expand partnerships with higher education institutions, and reinforce the state’s position as the nation’s leading semiconductor manufacturing hub.
Provided by Dallas Express
