Why it matters
The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
Project record
At a glance
- Company
- Texas Instruments (Lehi LFAB2)
- Industry
- Semiconductors
- Location
- Lehi, Utah
- Investment
- $1.61B
- Permanent jobs announced
- 800
- Status
- Under Construction
- Announced
- Aug 16, 2024
- Expected opening
- Dec 1, 2026
- Added to tracker
- Feb 21, 2026
Sources
Official references
- Primary source https://www.prnewswire.com/news-releases/texas-instruments-signs-preliminary-agreement-to-receive-up-to-1-6-billion-in-chips-and-science-act-proposed-funding-for-semiconductor-manufacturing-in-texas-and-utah-302224237.html
Related
Other projects to know
Across Semiconductors
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