Grayson County, in the strip of North Texas that runs up to the Red River, already hosts a Texas Instruments complex and a GlobalWafers plant. It may get a much larger neighbor.
Two fabs, 5,000 jobs, output by late 2029
State development documents obtained by the Dallas Business Journal describe an unnamed semiconductor manufacturer weighing a US$45B build of two fabs that would create about 5,000 jobs over six years and start production in late 2029. The documents do not name the investor.
TSMC is the likely candidate. The company’s chief executive, C.C. Wei, said on an October earnings call that more US capacity beyond the site in Phoenix was under consideration, and people familiar with the matter told Reuters in late September that the company was evaluating a Texas investment. Sherman is the frontrunner in site-selection talks, with central Texas locations still in play.
Land is only half of it. Sherman has secured water from Lake Texoma and is building an 84-inch pipeline about 27 miles to a separate reservoir, the kind of plumbing fabs negotiate for years before they commit. TI has poured $46B into its own Sherman complex, where one plant is finished and four are planned.
A campus three hours from Samsung’s
The geography is the point. Sherman sits roughly 300 kilometers from Samsung’s Taylor and Austin sites, close enough that the two would compete for the same electricians, tool installers and power contracts. Samsung, for its part, has begun moving equipment into Taylor.
Whether the second Texas hub reaches six fabs and a far larger total, as some local reporting has suggested, remains speculation resting on a single set of filings for a company no one has yet confirmed.
