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Texas Instruments filed an application for a property value limitation, confirming Sherman, Texas as a finalist site for a proposed multi-billion dollar 300mm semiconductor wafer fab. The first phase, with $6.5 billion investment, is expected to begin construction in 2022, equipment installation in 2024, and production by 2025. Total investment across four phases could reach $29.4 billion.
“Given the long-term trend of semiconductors growth in electronics, TI has a roadmap that continues to strengthen our manufacturing and technology competitive advantage for the next 10 - 15 years to give us lower costs and greater control of our supply chain.”semimedia.cc
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