Story perspectives

Coherent-Nvidia Expansion Secures $50M, Quadruples Wafer Output in Texas

6/17/2026

Summary

Story summary

CHIPS program signed a letter committing up to $50 million to Coherent for its expansion in Sherman.
Coherent and Nvidia broke ground on the expansion, which will double production space at the 150 mm plant and add equipment.
The project will quadruple wafer output in a year.
Bill Frauenhofer said the $20 million from the Texas Semiconductor Innovation Fund and the Sherman Economic Development Corporation will strengthen semiconductor supply chain and create jobs.

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Story summary

CHIPS program signed a letter committing up to $50 million to Coherent for its expansion in Sherman.
Coherent and Nvidia broke ground on the expansion, which will double production space at the 150 mm plant and add equipment.
The project will quadruple wafer output in a year.
Bill Frauenhofer said the $20 million from the Texas Semiconductor Innovation Fund and the Sherman Economic Development Corporation will strengthen semiconductor supply chain and create jobs.