Texas Instruments CHIPS Act Funding: A Closer Look at the Investment in U.S. Tech
The U.S. Department of Commerce has proposed up to $1.6 billion in direct funding for Texas Instruments (TI) under the CHIPS and Science Act. In addition to direct funding, TI anticipates receiving an estimated $6 billion to $8 billion from the U.S. Department of Treasury’s Investment Tax Credit for qualified U.S. manufacturing investments. A non-binding…
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