Greg Abbott said on November 24, ".
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The governor's office said the company would get a $27m grant for creating jobs in the state.
The new facility will be used to make chips for a range of technologies.
One of the world's largest chipmakers has more than 20,000 employees in the US.
The company said that it has invested $47 billion in the world's biggest economy.
The global chip shortage has caused major disruptions for manufacturers, from car makers that have had to suspend production to Apple warning that iPhone shipments would be delayed.
TSMC announced a $100 billion investment in Arizona earlier this year, while GlobalFoundries said it will increase its investment in upstate New York.
The chip industry has been hard hit by global supply chain problems.
Other environmental problems have strained production. A global leader in chip manufacturing has been adversely affected by the lack of water in Taiwan.
There was a power cut in Texas last winter. Texas is home to the US' chip industry.
This will be good news for Joe Biden, who's trying to ramp up chip production in the US through generous subsidies.
This is not a quick fix. It takes a long time to build a chipmaking facility. We won't see a spade in the ground until next year and it won't start producing chips until at least 2024.
The world is hungry for computer chips. There is no easy short term solution to the demand and supply problem.
The caption is media.
The shortage of Semiconductors could be a problem for you.
It's Samsung.
The United States.
Semiconductors.
