Texas Instruments’ continued investment in Richardson received additional support this week with the announcement of a $33.6 million Texas Semiconductor Innovation Fund grant for expanded capacity and technology improvements at the company’s 300mm semiconductor wafer fabrication facility.
The grant is part of a larger project expected to total $700 million in capital investment at TI’s Richardson facility located on Renner Road. The investment will support additional production capacity and process technology improvements for analog and embedded processing chips, which are used in vehicles, smartphones, satellites, industrial equipment and many other technologies that support daily life.
TI has long played an important role in Richardson’s advanced manufacturing and technology sectors. The company’s continued investment reinforces the city’s position as a strategic location for semiconductor innovation, high-tech talent and long-term industry growth.
The grant was awarded through the Texas Semiconductor Innovation Fund, created as part of the Texas CHIPS Act to strengthen semiconductor research, design and manufacturing across the state.
