Texas Instruments will receive a $33.6 million Texas Semiconductor Innovation Fund grant for capacity and technology investments at its 300mm wafer fabrication facility in Richardson.
The Richardson project is expected to total $700 million in capital investment, according to the Governor’s Office announcement. The state award represents one part of that much larger expected investment.
What the award supports
The announcement ties the grant to both capacity and technology investments at the Richardson facility. It identifies the site as a 300mm wafer fabrication operation.
Texas Instruments said the award recognizes its investment in the Richardson factory and reinforces the company’s commitment to domestic production of foundational semiconductor technology.
For Richardson, the confirmed figures put the scale of the project in focus: $33.6 million from the state semiconductor fund and an associated capital investment expected to reach $700 million. The announcement does not break those totals into additional project components, but it directly connects both figures to work at the Richardson fabrication facility.