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0.000613120784794744 0.00367872470876777 0.00367872470876777 0.00367872470876777 0.00183936235438388 0.000613120784794744 0.00539546290619249 -0.00668301655426121
Stock impact report

Texas Instruments Cuts Jobs After Getting $1.6B in CHIPS Funding [Yahoo! Finance]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
of three new semiconductor plants currently under construction in Texas and Utah. According to the Salt Lake Tribune , Texas Instruments laid off workers at its existing Lehi facility, which it acquired from Micron Technology in 2021. The company said the cuts are part of efficiently supporting its long-term operational plans. Most Read on IEN: World's Largest Tire Manufacturer Turns to Recycled Materials Canadian Manufacturer Closes Plant, Moves Production to North Carolina New EV Company Trolls Elon Musk with Ultra-Light 'Roadster' PODCAST: Jack Daniel's Trade War Fallout; Ford's Door Lawsuit; Honda Moves to Indiana TI did not specify how many workers were impacted by the cuts. But it did say it was well less than the 33% of the workforce criteria for a WARN Act notice. As the report points out, the Lehi facility employs 1,100 people. In December, TI announced the CHIPS Act funding agreement, including a 25% investment tax credit. "As the largest analog and embedde Show less Read more
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