See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

With $1.4 billion investment, Texas hopes to sprint to the front of the microchip manufacturing race

Posted on AllSides June 13th, 2023
From The Left

Leaders in the semiconductor industry and their Texas allies were alarmed by supply chain disruptions to the sector during the pandemic. Now the state is seeking to turn the lessons learned in the past three years into an opportunity.

Texas is pumping $1.4 billion into microchip research and manufacturing initiatives in an effort to attract new investments, secure lucrative federal grants and create thousands of high-paying jobs over the next decade.

On Thursday, Gov. Greg Abbott approved the Texas CHIPS Act, which will create the Texas Semiconductor Innovation Fund, a pot of...

Read full story

AllSides Picks

More News about Technology from the Left, Center and Right

From the Left

From the Center

From the Right