Texas Instruments is investing more than $60 billion across seven semiconductor fabs, a move that the Dallas-based company says will help its customers, such as Apple and SpaceX, achieve technological breakthroughs.

Texas Instruments will invest more than $60 billion to expand semiconductor manufacturing in the United States, the company announced on Wednesday, as President Donald Trump continues to pressure tech giants like Apple and Samsung to build their products in America.

Texas Instruments (TI) has committed to invest $60bn in the US to expand its semiconductor manufacturing (SM) capacity. The company plans to build seven new factories across Texas and Utah. These facilities will produce billions of foundational semiconductors daily,