With $40 billion in facility-specific investment and 3,000 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
At a glance
- Company
- Texas Instruments
- Industry
- Semiconductors
- Location
- Sherman, Texas
- Investment
- $40.00B
- Permanent jobs announced
- 3,000
- Status
- Under Construction
- Announced
- Nov 17, 2021
- Opening timeline
- SM1 began production on December 17, 2025. SM2 remains under construction, while SM3 and SM4 are planning-phase fabs that TI will construct and equip in alignment with market demand. The campus remains Under Construction until its later phases are complete.
- Added to tracker
- Apr 15, 2025
Official references
- TI's December 17, 2025 Sherman SM1 production announcement https://www.ti.com/about-ti/newsroom/news-releases/2025/texas-instruments-begins-production-at-its-newest-300mm-semiconductor-manufacturing-facility-in-sherman-texas.html
- TI's Sherman campus and four-fab plan https://www.ti.com/about-ti/manufacturing/sherman.html
- TI's more than $60 billion U.S. manufacturing plan (non-additive national reference) https://www.ti.com/about-ti/newsroom/news-releases/2025/texas-instruments-plans-to-invest-more-than--60-billion-to-manufacture-billions-of-foundational-semiconductors-in-the-us.html
- NIST CHIPS Sherman location page: public subsidy reference, not private campus investment https://www.nist.gov/chips/texas-instruments-texas-sherman