Allred: Thousands of Manufacturing and Construction Jobs Headed to Texas Thanks to $1.6 Billion CHIPS Act Investment in Texas Instruments

"The CHIPS Act is proof that when we work together we can do big things for Texas and our nation," said Allred. "Texas Instruments has long been a stalwart of innovation and industry in our region, and this investment will help them create 2,000 manufacturing jobs, and thousands of construction jobs, all while cementing Texas as a global leader in the semiconductor industry. I am so proud to have supported the CHIPS Act, and I will keep working to ensure it continues to deliver for our state."

"To keep growing the economy of the Dallas region we have to be able to compete on a global scale in high-tech manufacturing and this investment to help Texas Instruments expand does just that," said Dale Petroskey, President and CEO of the Dallas Regional Chamber. "The microchip was pioneered here in the Dallas region and the CHIPS Act is critical to helping us to continue leading the semiconductor industry. We thank Congressman Allred for all his work to pass this legislation and work hand in hand with the business community to grow our economy and create jobs."

"The historic CHIPS Act is enabling more semiconductor manufacturing capacity in the U.S., making the semiconductor ecosystem stronger and more resilient," said Haviv Ilan, president and CEO of Texas Instruments. "Our investments further strengthen our competitive advantage in manufacturing and technology as we expand our 300mm manufacturing operations in the U.S. With plans to grow our internal manufacturing to more than 95% by 2030, we're building geopolitically dependable, 300mm capacity at scale to provide the analog and embedded processing chips our customers will need for years to come."

Last month, GlobalWafers was awarded $400 million in funding from the bipartisan CHIPS and Science Act. That funding will help bring critical semiconductor production back to the United States and create over 2,500 jobs at facilities in Sherman, Texas and in St. Peters, Missouri.

Samsung received $6 billion in CHIPS Act funds in April to expand and invest in operations in the Austin area, which will create 17,500 construction jobs and 4,500 manufacturing jobs.

Allred has consistently delivered for semiconductor manufacturing in North Texas during his time in Congress. Allred helped lead the bipartisan, bicameral Building Chips in America Actto streamline the permitting process and maximize the benefits of the CHIPS Act while maintaining environmental protections. As a part of the CHIPS Act, Allred supported Southern Methodist Universityin Dallas as one of 31 Tech Hubs across America. He also helped secure $400,000 for the University of Texas at Dallasto strengthen their work on semiconductor research and helped secure funds for semiconductor workforce trainingat the University of Texas at Dallas.

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