TSMC Linked to Potential $120B Texas Expansion as Sherman Emerges as Leading Candidate

Existing TSMC facility

New reporting identifies Sherman as a possible leading location for the chipmaker’s next major U.S. manufacturing investment, with separate scenarios involving two plants and six facilities.

Taiwan Semiconductor Manufacturing Company — TSMC — has been linked to a potential multibillion-dollar expansion in North Texas, with Sherman emerging as a possible leading location for its next major U.S. manufacturing investment.

Reporting from the Dallas Business Journal, followed by Bisnow on October 30, places the Grayson County city within a site-selection discussion involving semiconductor facilities potentially worth tens of billions of dollars.

The latest development builds on TSMC’s October 15 acknowledgment that it was evaluating opportunities in Texas. The new information concerns the possible Sherman location and newly surfaced state-development documents, rather than the first indication of the company’s interest in the state.

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