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Texas Instruments

Sherman SM1

Sherman, TX, USA

Operational
StatusConfirmedScheduleConfirmedInvestmentReportedWhat do these mean?
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Investment

$10.0B

CHIPS Act Funding

$1.6B

Technology Node

300mm analog

Jobs Created

1,800

Project Type

Logic Fab

Planned HVM Start

Jan 1, 2025

Actual HVM Start

Dec 17, 2025

Last Updated

Sep 19, 2026

Schedule slippage

On schedule

Measured from the end of 2025, so this is a minimum.

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The official source and date behind this baseline.

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Timeline

No milestones recorded for this project yet.

History of Changes

Data correction: TI's Sherman page states a potential $40 billion investment for up to four connected fabs (SM1 to SM4); the record split $30 billion across four entries. Now split evenly.

Sep 19, 2026 · investment_usd changed from "7500000000" to "10000000000"

1 earlier change in the full history

Every change to this project, each with its source.

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CHIPS Act Funding

$1.6B

Direct funding award disclosed by the U.S. Department of Commerce's CHIPS for America program.

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Evidence

  • StatusConfirmed
  • ScheduleConfirmed
  • InvestmentReported

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Source links, notes and check dates for every verified fact.

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General references

Starting points for this project — not a verification of any figure. See Evidence for what has been checked.