Dallas-based Texas Instruments is betting big on American-made chips, with an ambitious plan to invest up to $30 billion to build as many as four new semiconductor fabrication plants in Sherman.
TI said Wednesday it will begin construction next year on the first two plants producing its 300-millimeter wafers used in everything from cars and trucks to industrial machinery. It estimates chip production will start by 2025.
Two additional plants could be added at the 4.7 million-square-foot site in Grayson County to meet future chip demand. The company said the plants could employ as many as 3,000 workers when complete.