Texas Instruments President and CEO Haviv Ilan (center), Texas Governor Greg Abbott, Sherman Mayor Shawn Teamann, and company leaders celebrate the official ribbon-cutting ceremony at TI's new 300mm semiconductor fab in Sherman. [Photo: TI]
Called SM1, TI's new semiconductor "fab" in Sherman represents up to $40 billion in investments. It's slated to ultimately produce "tens of millions of chips daily that go into nearly every electronic device"—from smartphones, automotive systems, and life-saving medical devices to industrial robots, smart home appliances, and data centers.