TSMC Eyes North Texas Expansion
Another Taiwan-based company is also set to enter the market.
North Texas is emerging as a semiconductor manufacturing hub, with companies such as TSMC and King Yuan Electronics Co. looking to expand in the region, as several news outlets reported.
TSMC is considering Sherman, Texas, north of Dallas, for a potential billion-dollar expansion set to create thousands of jobs, according to state filings cited by Dallas Business Journal. Last month, the chip producer announced its intention to expand beyond Arizona with a new six-fab Texas project, in response to demand from U.S. clients, including NVIDIA and Apple, for increased production capacity. Earlier this year, TSMC’s board had approved a $45 billion package to expand and upgrade its semiconductor facilities.
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Meanwhile, KYEC paid $79.4 million for a site in Fort Worth, Dallas Morning News reported. The firm plans to develop a $1.3 billion testing facility for NVIDIA at 273 W. Everman Parkway, marking the largest investment in that Interstate 35W corridor. The company has already secured a 10-year tax abatement from the City Council for the factory expected to create more than 600 jobs. It will be KYEC’s first U.S. endeavor.
Sherman’s growing chip manufacturing market
The move aligns with NVIDIA’s efforts to bolster its U.S. supply chain, linking TSMC Arizona‘s manufacturing operations with Amkor’s packaging and testing facilities in metro Phoenix. In Sherman, Coherent broke ground earlier this year on an expansion of its optical-semiconductor plant, which will supply NVIDIA.
In fact, Sherman already includes operational fabs. Last year, Texas Instruments began production of 300mm wafers at the SM1 plant. SM2’s shell was completed in February, with construction ongoing. TI’s plans at the site include up to four connected manufacturing facilities.
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