Texas Instruments’ $60B US chip push and memory‑stock ETF surge highlight semiconductor boom

Texas Instruments acquired Micron’s Lehi, Utah fabrication plant for $900 million and began production in December 2022. The company is now investing more than $60 billion across seven U.S. semiconductor fabs, including an $11 billion second fab in Lehi, a project expected to support over 60,000 jobs and strengthen the domestic supply chain.

At the same time, soaring demand for memory chips driven by artificial‑intelligence applications has lifted memory‑related equities. Roundhill launched the DRAM Exchange‑Traded Fund in April; the ETF, which holds 15 memory‑focused companies such as Micron Technology and SK Hynix (together accounting for just over half of its assets), has risen about 125 % year‑to‑date. Other holdings include Samsung Electronics, SanDisk and Western Digital, and the fund carries a 0.65 % expense ratio.