Romney Welcomes Historic Investment for Semiconductor Manufacturing in Utah
Senator Romney applauded an agreement between Texas Instruments Incorporated (TI) and the U.S. Department of Commerce to use up to $1.6 billion in funding from the CHIPS and Science Act in support of three 300mm semiconductor wafer fabrication plants (fab) already under construction—including its fab in Utah’s Silicon Slopes. In February 2023, TI announced it had selected Lehi, Utah, as the site of its next fab—bringing an $11 billion investment to the state.