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Stock impact report

Manufacturing Jobs Boom Arrives Too Late For Biden To Benefit [Forbes]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: Forbes
Intel semiconductor manufacturing facility near New Albany, Ohio, on September 9, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images) AFP via Getty Images The factory-building boom in the U.S. is losing steam, but the tangible results of the surge are due to be felt in the coming moths and years. Factory construction in the U.S. hit its highest point in half a century, according to an August 2024 report by Moody's Anaytics . This is due to booming demand for semiconductors and billions of dollars in investments from the federal government as part of legislation passed in 2022. Since late 2023, more than a dozen companies have secured agreements with the federal government, receiving more than $30 billion in grants to develop or expand facilities across the U.S. These deals involve prominent domestic firms such as Intel, Texas Instruments and Micron, as well as major international players like Taiwan Semiconductor Manufacturing Company and Samsung. The Show less Read more
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