October 27, 2004 – Texas Instruments has said it will break ground next month on a Richardson, TX, semiconductor plant valued at up to $3 billion that was originally scheduled to begin construction at the end of 2005, according to the Fort Worth Star-Telegram.
“TI plans to construct the building and infrastructure ahead of market demand, followed by stages of equipment installation as demand increases,” the company said in a news release.
TI first announced plans to build the plant in June 2003, saying it would break ground by the end of 2005. Now the company has accelerated its plans by roughly a year.
The million-square-foot plant, TI’s seventh in Texas, will make chips for cellphones, broadband communication devices and digital consumer products such as cameras. It is expected to be in operation by late 2006 and be running at capacity in 3-4 years. It is expected to employ up to 1000 workers, produce 300mm silicon wafers, and make chips with the 65nm circuitry.