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A state semiconductor grant will support a roughly $700 million capacity expansion at the chipmaker's Richardson fab, the latest award from a fund Austin-area firms dominate.
Central Texas companies account for the large majority of grants handed out so far by the state's semiconductor fund, according to an Austin Business Journal analysis.
From analog inference at Mythic to open-architecture silicon at Tenstorrent, the city is quietly stacking AI-hardware talent.
Equipment is going in at the $44B Central Texas plant as Samsung preps 2-nanometer production for Tesla's AI5 and AI6.
The all-cash deal is TI's largest acquisition since 2011 and would fold an Austin wireless-chip pioneer into the Dallas semiconductor giant.
The Austin chip company, led by DCVC with Honda and Lockheed Martin participating, capped a turnaround with an oversubscribed round.