Coherent plans to boost indium phosphide wafer production at its Sherman, Texas, fab by 4x to meet AI-driven optical interconnect demand. Nvidia invested $2 billion in the optics vendor in March. The $650 million expansion will double the factory's footprint and create about 1,000 jobs.
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Summary by ByteBrief
TSMC Reports $265B U.S. Fab Investment for AI Chip Demand