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Released June 23, 2025 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Micron Technology Incorporated (Boise, Idaho) and Texas Instruments Incorporated (TI) (Dallas, Texas) recently pledged to invest $200 billion and $60 billion, respectively, to boost U.S. semiconductor manufacturing.
Micron on June 12 unveiled its investment plan--$150 billion for semiconductor manufacturing and $50 billion for research and development (R&D)--but did not provide a timeline for the spend.
The new investment includes up to four high-volume semiconductor fabrication plants, known as fabs, in New York, as well as the expansion and modernization of a fab in Virginia. Micron specializes in memory chips, which store digital data for things like computers, smartphones, data centers and artificial intelligence (AI) applications.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the related project reports.
The company also pledged to build two new high-volume fabs in Idaho, which would build on an existing $30 billion investment to construct the company's second fab in Boise--where production of DRAM memory chips is scheduled to begin in 2027. Click here for the project report.
Meanwhile, TI's investment plan, announced June 18, will go toward building or expanding seven fabs, in Texas and Utah. The company called the investment "the largest investment in foundational semiconductor manufacturing in U.S. history," although it did not provide a timeline for the investment.
"TI is building dependable, low-cost 300mm capacity at scale to deliver the analog and embedded processing chips that are vital for nearly every type of electronic system," said Haviv Ilan, chief executive officer of Texas Instruments. Those systems include appliances, automobiles and industrial equipment.
The pledged investment includes up to $40 billion for four fabs in Sherman, Texas; two fabs are already underway (SM1 and SM2) and there are "incremental investment plans" for two additional fabs (SM3 and SM4). First production at SM1 is expected to begin this year, while construction of SM2's exterior shell is complete. TI did not provide an expected completion or first production date for SM2, but Industrial Info is tracking the project with a completion date by the end of the year.
Subscribers can read detailed reports on SM1, SM2, SM3 and SM4.
In Utah, construction is underway on a second fab (LFAB2) at TI's site in Lehi. Click here to read more project information.
Both TI and Micron's current Texas and Utah projects have funding pledged under the Biden-era CHIPS and Science Act, which provides about $39 billion in subsidies for projects to manufacture semiconductors on U.S. soil, although U.S. Commerce Secretary Howard Lutnick earlier this month told a Senate subcommittee the administration is renegotiating "overly generous" grants under the act.
While that is likely in relation to the current administration's desire to slash federal spending, the U.S. government as a whole clearly aims to boost domestic semiconductor manufacturing.
Shortly after Micron's investment announcement, the National Institute of Standards and Technology--a nonregulatory federal agency within the Commerce Department--said a newly created program (The United States Investment Accelerator) will partner with the company to streamline permitting requirements.
Trump created the accelerator earlier this year to assist private investors with regulatory processes, reduce regulatory burdens, and oversee the CHIPS Program Office, among other actions.
In a sign Congress looks to promote additional investment in U.S. semiconductor manufacturing, the U.S. House and Senate both recently passed their own version of bipartisan legislation (the Securing Semiconductor Supply Chains Act) that directs the Department of Commerce's SelectUSA program to develop strategies for attracting foreign investment and engage state economic development organizations on their efforts to attract investment.
SelectUSA was founded in 2007 to promote and facilitate job-creating foreign investment in the U.S. "SelectUSA helps international companies of all sizes find the information they need to make decisions, connect to the right people at the local level, and navigate the federal regulatory system," according to the program's Linkedin page. "SelectUSA also assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy."
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article and click here for a full list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
Micron on June 12 unveiled its investment plan--$150 billion for semiconductor manufacturing and $50 billion for research and development (R&D)--but did not provide a timeline for the spend.
The new investment includes up to four high-volume semiconductor fabrication plants, known as fabs, in New York, as well as the expansion and modernization of a fab in Virginia. Micron specializes in memory chips, which store digital data for things like computers, smartphones, data centers and artificial intelligence (AI) applications.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the related project reports.
The company also pledged to build two new high-volume fabs in Idaho, which would build on an existing $30 billion investment to construct the company's second fab in Boise--where production of DRAM memory chips is scheduled to begin in 2027. Click here for the project report.
Meanwhile, TI's investment plan, announced June 18, will go toward building or expanding seven fabs, in Texas and Utah. The company called the investment "the largest investment in foundational semiconductor manufacturing in U.S. history," although it did not provide a timeline for the investment.
"TI is building dependable, low-cost 300mm capacity at scale to deliver the analog and embedded processing chips that are vital for nearly every type of electronic system," said Haviv Ilan, chief executive officer of Texas Instruments. Those systems include appliances, automobiles and industrial equipment.
The pledged investment includes up to $40 billion for four fabs in Sherman, Texas; two fabs are already underway (SM1 and SM2) and there are "incremental investment plans" for two additional fabs (SM3 and SM4). First production at SM1 is expected to begin this year, while construction of SM2's exterior shell is complete. TI did not provide an expected completion or first production date for SM2, but Industrial Info is tracking the project with a completion date by the end of the year.
Subscribers can read detailed reports on SM1, SM2, SM3 and SM4.
In Utah, construction is underway on a second fab (LFAB2) at TI's site in Lehi. Click here to read more project information.
Both TI and Micron's current Texas and Utah projects have funding pledged under the Biden-era CHIPS and Science Act, which provides about $39 billion in subsidies for projects to manufacture semiconductors on U.S. soil, although U.S. Commerce Secretary Howard Lutnick earlier this month told a Senate subcommittee the administration is renegotiating "overly generous" grants under the act.
While that is likely in relation to the current administration's desire to slash federal spending, the U.S. government as a whole clearly aims to boost domestic semiconductor manufacturing.
Shortly after Micron's investment announcement, the National Institute of Standards and Technology--a nonregulatory federal agency within the Commerce Department--said a newly created program (The United States Investment Accelerator) will partner with the company to streamline permitting requirements.
Trump created the accelerator earlier this year to assist private investors with regulatory processes, reduce regulatory burdens, and oversee the CHIPS Program Office, among other actions.
In a sign Congress looks to promote additional investment in U.S. semiconductor manufacturing, the U.S. House and Senate both recently passed their own version of bipartisan legislation (the Securing Semiconductor Supply Chains Act) that directs the Department of Commerce's SelectUSA program to develop strategies for attracting foreign investment and engage state economic development organizations on their efforts to attract investment.
SelectUSA was founded in 2007 to promote and facilitate job-creating foreign investment in the U.S. "SelectUSA helps international companies of all sizes find the information they need to make decisions, connect to the right people at the local level, and navigate the federal regulatory system," according to the program's Linkedin page. "SelectUSA also assists U.S. economic development organizations to compete globally for investment by providing information, a platform for international marketing, and high-level advocacy."
Subscribers to Industrial Info's GMI Database can click here for a full list of detailed reports for projects mentioned in this article and click here for a full list of related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
