How Texas Became The American Chipmaking Hub

Video Description

Texas has taken the top spot as the center of U.S. chip manufacturing. The Lone Star State now has more semiconductor fabrication plants than any other state, and six new projects will bring an estimated $61 billion of investment and 8,000 jobs. The integrated circuit was invented in Texas more than 60 years ago, and chip companies are attracted by low taxes, plentiful land, and the $1.4 billion Texas CHIPS Act passed in June. CNBC got a rare look inside three massive chip fabs and toured the two biggest projects under construction: Texas Instruments’ $30 billion site north of Dallas and Samsung’s $17 billion fab near Austin. Correction: This story has been updated to reflect the correct size ranking of Texas, and details about the invention of the transistor. Chapters: 00:00 — Introduction 01:58 — Birthplace of the integrated circuit 05:12 — Attracting chip companies 08:36 — Most fabs in the U.S. 12:19 — Water, power and downturn Produced and Shot by: Katie Tarasov Edited by: Evan Lee Miller Supervising Producer: Jeniece Pettitt Animation: Jason Reginato, Andrea Schmitz Additional Camera: Katie Brigham, Sydney Boyo, Andrew Evers Additional Footage: Apple, ASML, Getty Images, KCBD, Intel, NXP, Panda Power Funds, Samsung, Texas Instruments, TSMC » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #cnbc How Texas Became The American Chipmaking Hub