Texas Instruments commits to investing over $60 billion in the semiconductor industry in the United States
On Wednesday, Texas Instruments (TI) announced plans to spend over $60 billion to build and expand seven major semiconductor factories in Texas and Utah. This investment aims to boost the foundational semiconductor industry, creating over 60,000 new jobs in the U.S. economy. This is a breakthrough step in chip manufacturing, especially regarding foundational legacy semiconductors.
The impact of this investment lies not only in its scale but also in stimulating the development of the U.S. technology industry. TI emphasizes its goal to expand production capacity to meet the growing demand for chips in fields ranging from autonomous vehicles to data centers, from smartphones to consumer electronics systems.
Cryptocurrency and the semiconductor industry
In the fiercely competitive environment of the cryptocurrency market, chip manufacturers like TI play a central role in providing the technological foundation for blockchains, cryptocurrency wallets, and decentralized blockchain applications. Specialized chips like ASICs (Application-Specific Integrated Circuits) help promote transparency, security, and efficiency for the global cryptocurrency ecosystem.
The scaling up of semiconductor factories will ensure the supply of components for cryptocurrency platforms, thus driving the boom in DeFi projects and the NFT ecosystem. Undeniably, semiconductors play a strategic role in building a modern and more sustainable blockchain infrastructure.
The process of building the factory and development steps
The first strategic partnership, the SM1 factory in Sherman, Texas, is expected to begin preliminary production this year, just three years after construction. SM2 has completed its exterior, while TI also plans to build SM3 and SM4 to meet future energy demands. These factories will manufacture hundreds of millions of chip components daily, ensuring a sufficient supply for both domestic and international markets.
Specifically, the RFAB2 factory in Richardson, Texas, maintains TI's tradition of manufacturing the world's first 300mm analog chips since 2011, along with LFAB1 in Utah, enhancing advanced and sustainable chip production capabilities. These projects play a core role in the strategy to restore the U.S. microchip supply chain, contributing to reducing dependence on foreign supply.
Support from leading technology companies
TI's CEO, Havin Ilan, emphasizes the strategy of building 300mm chip capacity to provide core analog and embedded processing solutions, serving a variety of electronic systems. Alliances with giants like SpaceX, Apple, Medtronic, and NVIDIA have strengthened TI's competitiveness in the global semiconductor industry.
"Leading companies like Apple, Ford, Medtronic, NVIDIA, and SpaceX rely on TI's technology and manufacturing capabilities to drive innovation. We are proud to collaborate with them and the U.S. government to unlock the next creative potential."
—Havin Ilan, CEO of Texas Instruments.
In this context, SpaceX leverages TI's SiGe 300mm technology to enhance the Starlink satellite connectivity, contributing to the expansion of global internet access. SpaceX Director Gwynne Shotwell affirmed that TI's support helps them ensure a high-quality supply chain to meet the world's increasing demand for high-speed internet.
Meanwhile, Apple CEO Tim Cook affirmed that TI's chips help Apple products reach the market optimally. This partnership aims to promote innovation, expanding opportunities for the U.S. semiconductor industry to lead while fostering the development of advanced technologies in the future.
The future of the U.S. semiconductor industry and cryptocurrency
TI's collaboration and investment can be seen as a turning point in developing the microchip supply chain, supporting blockchain projects, cryptocurrency wallets, and DeFi solutions. The future of cryptocurrency depends on sustainable, secure semiconductor technology and advanced chip technology.
Major projects like collaboration with chip manufacturers to build ecosystems for AI, blockchain, and secure cyberspace will all benefit from TI's new factories. This development has opened new doors for innovators in the cryptocurrency industry, promoting widespread adoption and global scaling.
Source: https://tintucbitcoin.com/texas-instruments-dau-tu-60-ty-usd-mo-rong-chip-my/
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