The Biden-Harris Administration will give up to $400 million in funding to semiconductor part producer GlobalWafers under the CHIPS and Science Act with a...
The additional money will support nearly 2,000 new jobs in Sherman as the U.S. races for dominance in the semiconductor space.
As the fight for control in the semiconductor space rages on with the United States’ biggest adversaries like Russia and especially China dominating the space, turning funding over toand a new one in St. Peters, Mo. The investment would create 1,700 construction jobs and 880 manufacturing jobs in the U.S.“President Biden is restoring our leadership in the entire semiconductor supply chain — from materials to manufacturing, to R&D.
Department of Commerce officials declined to comment on exactly how much the Sherman facility will receive. But the Texas project was described by a Department of Commerce official as “larger” and that “a large part of the funding will be geared towards Texas.”There’s also still some negotiations the U.S. and GlobalWafers have to get through before the exact amount of money is dedicated to either facility.
“The way I think about it probably reflects the fact that I grew up in Texas, because I think about it as trying to make a semiconductor chip without a wafer is sort of like trying to make a taco without a tortilla,” they said. “It just won’t work. Wafers are the foundation and if you don’t have wafers then you don’t have chips. That is why it is so important to onshore silicon wafers.”Though GlobalWafers is based in Taiwan, its Texas ties run deep.
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