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Texas Instruments pledges 'historic' $60bn US chip investment


The announcement comes as Trump pressures big computer chip makers to increase manufacturing in the country.

Technology giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big computer chip makers to increase manufacturing in the country. "President Trump has made it a priority to increase semiconductor manufacturing in America," US Secretary of Commerce Howard Lutnick, said in a statement on Wednesday. Like some other companies that unveiled major spending pledges, TI's announcement includes money already earmarked to either build or expand facilities.

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