Chipmaker Texas Instruments to receive up to $1.6 billion in funding from US

Texas Instruments also expects to receive about $6 billion to $8 billion in investment tax credit from the U.S. Treasury Department, and $10 million in funding for workforce development. "This $1.6B will go a long way in helping Texas Instruments stay competitive," said Kinngai Chan, senior analyst at Summit Insights Group.
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