Ti to acquire micron 300-mm semiconductor factory, extending ti's cost advantage and greater control of supply chain

Dallas, june 30, 2021 /prnewswire/ -- texas instruments incorporated (ti) (nasdaq: txn) today announced it signed an agreement to acquire micron technology's 300-mm semiconductor factory (or "fab") in lehi, utah, for $900 million. "this investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning," said rich templeton, ti's chairman, president and ceo.
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