Coherent to expand InP semiconductor facility in Sherman, Texas with $50M CHIPS award

Coherent announced a letter of intent to receive up to $50 million in CHIPS Act funding to expand its 6-inch Indium Phosphide semiconductor manufacturing facility in Sherman, Texas. The expansion will double manufacturing space and quadruple wafer production capacity, creating over 1,000 jobs.

“Coherent today announced it has signed a letter of intent to receive up to $50 million in direct funding under the CHIPS and Science Act”business.sherbrookerecord.com

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• business.sherbrookerecord.comContact Us - Sherbrooke Record - Coherent Announces a CHIPS Letter of Intent for $50 Million to Expand World-Leading Manufacturing Facility for AI InfrastructureCoherent Corp.May 25, 2018

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