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Texas Instruments gave its US manufacturing capabilities a huge boost with the announcement of a new $60 billion investment. As the White House has pushed chipmakers to bring manufacturing to the US, ...

Texas Instruments announced it will invest over $60 billion to build or expand seven semiconductor facilities in Texas and ...

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Texas Instruments will invest over $60 billion to build and expand seven semiconductor plants in Texas and Utah.

The semiconductor manufacturer's mega-sites in Sherman, TX; Richardson, TX; and Lehi, UT will support more than 60,000 jobs.

Like many other such commitments to invest in U.S. operations, TI's announcement includes money already earmarked to either build or expand facilities.

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Photo: Alamy Texas Instruments announced Wednesday it will invest more than $60 billion to expand semiconductor manufacturing ...

This will be happy news for US President Donald Trump, who has been imposing tariffs to encourage domestic manufacturing.