Coherent breaks ground on Sherman expansion with Nvidia, announces $50M federal funding
16 Jun 2026
News and Media
(Taylor Brooks, KXII)
SHERMAN, Texas (KXII) - Coherent and Nvidia broke ground Tuesday on an expansion that will quadruple wafer production capacity.
Coherent signed a letter of intent with the U.S. Department of Commerce for the direct funding, which will support the expansion of the world’s first and largest volume production site for six-inch indium phosphide manufacturing, according to Jim Anderson, CEO of Coherent.
The expansion will double manufacturing production space.
More Topics
(Aayush Gupta, Dallas Business Journal)Coherent Corp. is significantly increasing its factory footprint in Sherman, adding to the region's burgeoning high-tech manufacturing sector as demand for artificial intelligence services continues to skyrocket.The Saxonburg, Pennsylvania-based company said June 16 the $650 million expansion will quadruple wafer production capacity at its facility in...
Coherent Breaks Ground on Expanded Texas Facility, Scaling Emerging Technology's Optical Backbone
Jun 16 2026(NVIDIA Newsroom)AI runs at the speed of light. More and more, that light is made in Texas.Coherent broke ground today on an expanded manufacturing building in Sherman, Texas. The company makes the lasers, optical components and compound semiconductors that wire AI systems together — and runs what it calls the world’s...
6/9/2026 (Taylor Brooks, KXII) SHERMAN, Texas (KXII) - A groundbreaking ceremony marked the start of construction on Rayburn Energy Station 2, a $685 million project that will add 570 megawatts of power to strengthen the Texas grid.Rayburn Energy Station 2 is a $685 million investment that will add 570 megawatts of...