Texas Instruments to begin construction next year on new 300-mm semiconductor wafer fabrication plants

11/17/21 (Texas Instruments)

Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced plans to begin construction next year on its new 300-millimeter semiconductor wafer fabrication plants (or “fabs”) in Sherman, Texas. The North Texas site has the potential for up to four fabs to meet demand over time, as semiconductor growth in electronics, particularly in industrial and automotive markets, is expected to continue well into the future. Construction of the first and second fabs is set to begin in 2022.

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