Texas Instruments has won a $1.6 billion CHIPS grant. The company's global head of tech and manufacturing sees Texas as the future of American semiconductor...
9:59 AM on Aug 16, 2024 CDTIn a world captivated by the latest smartphone or the newest electric car, it’s easy to overlook the tiny marvels that make it all possible: semiconductors. These minuscule chips are the hidden powerhouses of our computing age, powering everything from washing machines to spacecrafts. And the pace at which the U.S. makes these chips is about to change, and it’s going to reshape America’s technological landscape.
This shift presents both a challenge and an opportunity for American companies, with Texas poised to play a pivotal role.The companies that understand these dynamics will thrive in this new era. They’ll create the chips that power the next generation of American innovation, thanks in part to President Joe Biden and Vice President Kamala Harris’. This funding gives the U.S.
What’s next is even more critical. As we look toward the future, the message is clear: America’s technological leadership depends on our ability to not just compete, but to excel across the entire spectrum of semiconductor technologies.is right; there is an urgent need for continued investment in our semiconductor industry. The U.S. CHIPS Act and thefunding are complementary initiatives laying a crucial foundation.
It’s crucial that we continue and expand upon the work that has started, both at the federal level and in pioneering states like Texas, to strengthen the U.S. semiconductor landscape, bring to life all the electronics we depend on daily, and enable the innovations of tomorrow. The CHIPS Act is just the start – thanks to the administration and officials at every level of government who helped turn this important bill into law and continue to advocate tirelessly for the semiconductor industry.
Mohammad Yunus leads global technology and manufacturing for Texas Instruments, which designs, manufactures and sells analog and embedded processing chips for sectors such as industrial, automotive, personal electronics, communications equipment and enterprise systems.
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