By David Manners Posted on 16th August 2024 | Modified on 16th August 2024

TI gets $4.6bn in Chips Act funding

TI has been awarded $1.6 billion of Chips Act money and a loan of $3 billion and the right to a 25% tax credit on infrastucture investments to go towards its ongoing $18 billion investment in fab.

The proposed funding would be split across three projects in two locations:

In Sherman, Texas, the construction of two new, large-scale 300-mm fabrication facilities that are expected to produce 65nm – 130nm essential chips.

In Lehi, Utah construction of a new, large-scale 300-mm fabrication facility to produce 28nm – 65nm analogue and embedded processing chips.



 

 

 

 

 


Leave a Reply

Your email address will not be published. Required fields are marked *

*

Copyright ©2024 Electronics Weekly |News|Products|Blogs|Jobs - Owned by Emap, Southern House, CR0 1XG (020 39532600) Terms and Conditions Privacy policy