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Biden bets big on Idaho chips—of the semiconductor variety [Yahoo! Finance]
Last texas instruments incorporated earnings: 4/21 04:01 pm
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The White House announced on Thursday a $6.1 billion grant to Micron, a Boise-based semiconductor company, the most recent in a flurry of payouts it's made to leading chip makers through the Chips Act. Two of the Chips Act's biggest grants so far—to Korean tech company Samsung and Taiwanese manufacturer TSMC —have been incentives to get foreign companies to set up shop on U.S. soil. But backing Micron is an example of how the government is betting on domestic companies, many of which have been around since the dawn of industrial semiconductor development, to lead the charge in manufacturing. Chips Act grants have been a key catalyst for massive private investment in semiconductors: Micron has already attracted $125 billion in private funds for the two factories, in Idaho and upstate New York, that it plans to build. “This is a historic moment for semiconductor manufacturing in the U.S.,” Micron President and CEO Sanjay Mehrotra said in a press release . “Micron's leading-edge me
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- Texas Instruments Incorporated (NASDAQ: TXN) had its price target raised by analysts at Citigroup Inc. from $167.00 to $185.00. They now have a "neutral" rating on the stock.[MarketBeat]
- Texas Instruments Incorporated (NASDAQ: TXN) was downgraded by analysts at Jefferies Financial Group Inc. from a "buy" rating to a "hold" rating. They now have a $175.00 price target on the stock, down previously from $200.00.[MarketBeat]
- TI CEO Haviv Ilan to speak at Bernstein investor conference[PR Newswire]
- With Analog Semiconductor Market Looking Up, Is Texas Instruments Stock Attractive At $182? [Forbes][Forbes]
- Texans Credit Union Enters a New Era with Bold Redesign [Yahoo! Finance][Yahoo! Finance]
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