Texoma sits just minutes from Sherman, home to one of the nation’s largest semiconductor expansions:

• Texas Instruments: $30B, 4.7M sq ft chip plant delivering 100M+ chips daily by 2025, creating 3,000 jobs.

• GlobalWafers: $5B investment, 1,500 jobs, producing 2.4M wafers per month.

• Coherent (Finisar): Potential $3B expansion, adding 700 high-wage jobs.

Located along U.S. Highway 75, Texoma gives you direct, next-door access to this booming ecosystem.

Summary: Sherman, Texas Semiconductor Boom

Sherman, Texas is emerging as a key hub in the U.S. semiconductor industry, driven by major federal and state investments, including the $280B CHIPS Act and Texas’s $1.4B CHIPS initiative.

Major Developments:

• Texas Instruments is building four chip factories; the first will begin production in 2025.

• GlobiTech (GlobalWafers Co.) is investing $5B in a new plant producing 2.4 million silicon wafers monthly, creating 1,500 jobs.

These projects could bring $300–$500 million in local tax revenue and are expected to double Sherman’s population within 5–10 years.

Sherman’s location near Lake Texoma supports the water demands of chip production. The area’s home prices have surged 61% since the pandemic, reflecting rising demand.

Sherman’s rise builds on its legacy in tech, tracing back to Texas Instruments' invention of the integrated circuit in 1958. Governor Greg Abbott emphasizes the importance of this growth for economic competitiveness, national security, and workforce development.

Major investments from Texas Instruments ($30B) and GlobiTech ($5B) are driving industrial growth, especially in semiconductors and tech manufacturing. With no state income tax, local incentives, a skilled workforce, and lower operational costs than DFW, Sherman-Denison is quickly becoming a magnet for business and innovation.

Sherman's abundant water from nearby Lake Texoma supports the water-intensive chipmaking process. Tax revenues from these projects are estimated to bring in $150–280M (TI) and $160–240M (GlobiTech). The local population could double within a decade, and home prices in Grayson County have already soared 61% since pre-pandemic levels.

This marks a new chapter in North Texas’s legacy of innovation, dating back to the 1958 invention of the integrated circuit at Texas Instruments. As Gov. Greg Abbott stated, the semiconductor race is crucial for Texas’s future competitiveness and national security.

GlobalWafers Co. Ltd. (GWC), the world’s third-largest semiconductor silicon wafer manufacturer, held a ground-breaking ceremony on December 1 to commence the construction of a 300 mm (12-inch) silicon wafer factory in Sherman, Texas.

Article Summary:

Sherman, Texas is rapidly becoming a major player in the U.S. semiconductor industry. Fueled by a wave of federal and state investment—including the $280 billion CHIPS Act and Texas’s own $1.4 billion CHIPS initiative—the city is attracting multibillion-dollar chipmaking projects.

Key developments include:

• Texas Instruments is building four new factories, with the first expected to start producing chips in 2025.

• GlobiTech (a subsidiary of GlobalWafers Co.) is constructing a $5 billion plant that will produce 2.4 million silicon wafers per month and create 1,500 jobs.

• These projects could generate $300–$500 million in local tax revenue combined.

Sherman’s proximity to Lake Texoma makes it ideal for water-intensive chip production, and its population is expected to double in 5–10 years. Home prices in Grayson County are already up 61% since before the pandemic.

This semiconductor boom builds on Sherman’s historic tech roots, dating back to the 1958 invention of the integrated circuit by Texas Instruments. Texas Governor Greg Abbott calls the chip race vital for the state’s economy, national security, and workforce.

Summary: Grayson County officials broke ground on a new $3.7 million, 10,700-square-foot Fixed Base Operator (FBO) terminal at North Texas Regional Airport (NTRA). Fully funded by private investment—led by Rise Aviation, NTRA's operator—the new terminal will support private, non-commercial aviation and is expected to open within one year.

Leaders see the terminal as a catalyst for business and investor growth in the region. The airport, with 1,400 acres and a 9,000-foot runway, is strategically located outside DFW airspace and now part of the federal control tower program—enhancing its readiness for future development, including potential passenger service.

Officials call this project a turning point in transforming NTRA from an underutilized asset into a major regional economic driver.

Apple has announced a $410 million investment across four U.S. tech manufacturing sites, including Sherman, Texas, where II-VI (formerly Finisar) produces VCSEL lasers used in iPhone features like Face ID and Portrait Mode.

This investment builds on Apple’s previous $390 million commitment in 2017, and highlights Sherman’s growing role in the high-tech supply chain. Currently employing about 400 people, the facility is expected to expand its workforce.

Sherman Mayor David Plyler celebrated the investment, calling it a badge of honor and crediting the city’s business-friendly environment for attracting and retaining global tech leaders. The announcement signals continued economic growth, job creation, and innovation in the region.

Summary: The Texoma Semiconductor Tech Hub, led by Southern Methodist University, aims to strengthen the regional semiconductor supply chain by enhancing collaboration, workforce development, and access to innovation. Centered in a logistically strategic area, the hub introduces a “fablet” model—small, accessible labs for chip design, manufacturing, packaging, and testing—to create a geographically unified and resilient semiconductor ecosystem.

Key goals include:

• Expanding workforce training through shared labs and digital tools.

• Launching two workforce programs: one to grow the semiconductor workforce and another focused on rural and Tribal communities.

• Leveraging local research institutions and startups to drive innovation and improve access to capital and networks.

• Establishing an executive and advisory board to guide strategy.

The Choctaw Nation leads a major proposal component, ensuring underserved communities gain access to semiconductor training and resources.

Strategy Development Grant Awarded: $399,997.

The Texoma Semiconductor Tech Hub, led by SMU, seeks to unify existing and planned semiconductor supply chain infrastructure by enhancing regional collaboration and uplifting underserved communities through workforce expansion. It is one of 31 federally funded Tech Hubs designed to develop and grow innovative industries in regions across the U.S.