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Stockreport

Texas Instruments Finalizes Chips Act Award, Gets $1.6 Billion [Yahoo! Finance Canada]

Texas Instruments Incorporated (TXN)  More Company Research Source: Yahoo! Finance Canada
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ti.com/corp/docs/investor_relations/index.html
Most Read from Bloomberg The binding deal unveiled Friday by the company and the US Commerce Department means that Texas Instruments can begin receiving funds as projects in its home state and Utah hit negotiated benchmarks. It largely matches a preliminary accord announced in August. Like other recipients, the company declined to take loans offered under its initial agreement. The Chips Act, signed into law by President Joe Biden in 2022, set aside $39 billion in grants, loans and loan guarantees worth $75 billion, and 25% tax credits to boost American semiconductor production after decades of manufacturing shifting abroad. Officials have divvied up most of that money, and Commerce Secretary Gina Raimondo is racing to finalize as many deals as possible before leaving office. While most of the funding is slated for cutting-edge facilities by companies including Taiwan Semiconductor Manufacturing Co. and Intel Corp., lawmakers reserved cash specifically for so-called essential c [Read more]
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Stockreport

Texas Instruments Finalizes Chips Act Award, Gets $1.6 Billion [Yahoo! Finance Canada]

Texas Instruments Incorporated  (TXN) 
More Company Research Source: Yahoo! Finance Canada
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ti.com/corp/docs/investor_relations/index.html
Most Read from Bloomberg The binding deal unveiled Friday by the company and the US Commerce Department means that Texas Instruments can begin receiving funds as projects in its home state and Utah hit negotiated benchmarks. It largely matches a preliminary accord announced in August. Like other recipients, the company declined to take loans offered under its initial agreement. The Chips Act, signed into law by President Joe Biden in 2022, set aside $39 billion in grants, loans and loan guarantees worth $75 billion, and 25% tax credits to boost American semiconductor production after decades of manufacturing shifting abroad. Officials have divvied up most of that money, and Commerce Secretary Gina Raimondo is racing to finalize as many deals as possible before leaving office. While most of the funding is slated for cutting-edge facilities by companies including Taiwan Semiconductor Manufacturing Co. and Intel Corp., lawmakers reserved cash specifically for so-called essential c [Read more]
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TXN
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