{"id":202699,"date":"2024-12-29T09:25:42","date_gmt":"2024-12-29T15:25:42","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/12\/texas-instruments-gets-1-6b-from-feds"},"modified":"2024-12-29T09:25:42","modified_gmt":"2024-12-29T15:25:42","slug":"texas-instruments-gets-1-6b-from-feds","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/12\/texas-instruments-gets-1-6b-from-feds","title":{"rendered":"Texas Instruments gets $1.6B from feds"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/texas-instruments-gets-1-6b-from-feds2.jpg\"><\/a><\/p>\n<p>Texas Instruments has announced a tranche of federal CHIPS Act funding worth up to $1.6 billion, a show of support for a semiconductor manufacturing industry that\u2019s becoming more entrenched in North Texas.<\/p>\n<p>Texas Instruments also expects to receive somewhere between $6 billion and $8 billion in U.S. Treasury tax credits for manufacturing investments, and up to $10 million to boost workforce development.<\/p>\n<p>All told, the money will assist in funding three new Texas Instruments plants: two based in Sherman and one in Lehi, Utah, creating 2,000 new jobs. Separately, Samsung will receive as much as $4.75 billion in CHIPS Act money, a figure Bloomberg notes was below what was originally envisaged.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Instruments has announced a tranche of federal CHIPS Act funding worth up to $1.6 billion, a show of support for a semiconductor manufacturing industry that\u2019s becoming more entrenched in North Texas. Texas Instruments also expects to receive somewhere between $6 billion and $8 billion in U.S. Treasury tax credits for manufacturing investments, and up [\u2026]<\/p>\n","protected":false},"author":396,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1523,1878],"tags":[],"class_list":["post-202699","post","type-post","status-publish","format-standard","hentry","category-computing","category-employment"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/202699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/396"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=202699"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/202699\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=202699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=202699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=202699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}