Texas Instruments Secures $1.6 Billion Chips Act Award to Boost Semiconductor Production
17 hours ago
In a significant development for the semiconductor industry, Texas Instruments (TI) has officially finalized its award under the federal Chips Act, securing a substantial $1.6 billion in funding. This initiative is part of a broader effort by the U.S. government to bolster domestic chip manufacturing and reduce reliance on foreign supply chains, particularly amid ongoing global shortages.
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Texas Instruments Issues Gloomy Projections Amidst Ongoing Economic Downturn
2 months ago
In a striking announcement, Texas Instruments has painted a sobering picture for its future performance, revealing that it does not anticipate a substantial recovery in the semiconductor market in the near term. As companies grapple with ongoing economic challenges, the semiconductor giant’s outlook has sent ripples of concern throughout the tech industry.
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