Texas Instruments said on Wednesday it will spend more than $60 billion to expand its U.S. manufacturing footprint, the latest chipmaker to ramp up domestic production amid pressure from the Trump administration to reshore the semiconductor supply chain.

Texas Instruments said Wednesday it will spend more than $60 billion to expand its US manufacturing footprint, the latest chipmaker to ramp up domestic production amid pressure from the Trump administration to reshore the semiconductor supply chain.

Technology giant Texas Instruments (TI) will invest more than $60bn (£44.74bn) in the US, as President Donald Trump pressures big computer chip makers to increase manufacturing in the country. The company said it plans to build or expand seven chip-making facilities at three sites in Texas and Utah,