Texas plant to quadruple output of chips powering advanced computing

Texas plant to quadruple output of chips powering advanced computing

Coherent Corp. plans to expand its indium phosphide semiconductor manufacturing facility in Texas after signing a letter of intent for up to $50 million in funding under the U.S. CHIPS and Science Act. The proposed funding from the U.S. Department of Commerce will support the expansion of Coherent’s 6-inch indium phosphide (InP) semiconductor plant in Sherman, Texas, a facility that produces optical networking components used in artificial intel…