Coherent, Nvidia Break Ground on $650M Sherman Expansion

Coherent and Nvidia have officially broken ground on a $650 million expansion at their Sherman facility. The project aims to produce lasers, optical components, and semiconductors in the world's first 6-inch indium phosphide fabrication plant.

The groundbreaking ceremony featured NVIDIA founder and CEO Jensen Huang, Coherent CEO Jim Anderson, and Sherman Mayor Shawn Temann. The event highlighted the city's growing reputation as the "Silicon Prairie" due to its expanding technology sector.

Once fully operational, the new facility will quadruple the company's wafer production capacity. The expansion is also expected to support 550 jobs at full production levels. This development marks a significant step in the region's advanced optics manufacturing capabilities.

This announcement follows a series of recent developments in Sherman's industrial landscape. In March 2026, news was reported regarding Coherent and Nvidia bringing advanced optics manufacturing to the city. Prior to that, in February 2026, the Wall Street Journal toured the Sherman factory responsible for making Apple's chips. Additionally, Texas Instruments opened a 300mm wafer fab in Sherman in December 2025.

The new facility represents a major investment in the local economy and infrastructure. It builds upon the existing industrial base established by previous tenants and expansions in the area. Residents can expect increased economic activity and employment opportunities as the project moves forward.

The groundbreaking signifies the start of construction for this high-tech manufacturing hub. It underscores Sherman's position as a key location for semiconductor and optical component production in the United States. The project aligns with broader trends in domestic manufacturing and technology supply chain resilience.

Further details regarding the construction timeline and specific job creation phases may be released as the project progresses. The city continues to support these industrial developments through infrastructure and policy measures designed to attract and retain high-tech employers.