Taiwan’s GlobalWafers to Build $5 Billion Chip Plant in Texas

First production from Sherman facility expected in 2025
US Commerce chief says chips-funding law is her top priority

WATCH: US Deputy Commerce Secretary Don Graves discusses the trade disputes with China, the long-stalled legislation to boost US semiconductor manufacturing, and the plan of Taiwan-based GlobalWafers Co. to build a $5 billion semiconductor silicon-wafer facility in Sherman, Texas.Source: Bloomberg

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By Akayla Gardner and Debby Wu

June 27, 2022 at 1:28 PM UTC

Updated on

June 28, 2022 at 1:17 AM UTC

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GlobalWafers Co. plans to build a $5 billion semiconductor silicon-wafer facility that will be the biggest of its kind on American soil, as the country contends with the fallout from a global shortage of chips.

Construction of the factory that will produce 300-millimeter silicon wafers in Sherman, Texas, is expected to start later this year. Production from the first fab is anticipated as early as 2025, the Hsinchu, Taiwan-based company said in a statement.