TI to Build Chip Plant in Texas

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TI to Build Chip Plant in Texas

Texas Instruments Inc. said on Monday it will build a $3 billion chip-making plant in Richardson, Texas, bucking a trend among semiconductor makers to shift production overseas. “The world’s biggest maker of semiconductors for mobile telephones said groundbreaking for the new fabrication facility, or “fab,” near its Dallas headquarters was expected by the end of 2005.”

Story from Reuters