Texas Instruments is building a $60 billion U.S. manufacturing megaproject where Apple vows to make “critical foundation semiconductors” for iPhones and other devices. CNBC went to Sherman, Texas, for an exclusive first look inside the newest fab of seven TI’s building in Utah and Texas to provide U.S.-made chips to customers like Nvidia and Ford. TI shares have suffered amid tariff concerns, and it’s lost analog market share for several years, but top leaders are confident about the huge spend.
Chapters:
0:00 Introduction
2:36 Integrated circuits to 300mm
7:13 Chip shortage and tariffs
10:03 Doubling down on Texas
12:20 Water, power and workers
Produced and Shot by: Katie Tarasov
Edited by: Mike Heffron
Additional Camera: Graham Merwin
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Texas Instruments, Getty Images, Apple, KTEN, Samsung, TSMC
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We Toured Texas Instruments’ $60 Billion U.S. Fab Megaproject
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