NuAxiSemiconductor trade intelligence

Texas Semiconductor Innovation Fund grants Coherent $14m to accelerate scaled production of InP wafers

What happened

Coherent Corp received a $14.1 million grant from the Texas Semiconductor Innovation Fund to accelerate scaled production of indium phosphide (InP) wafers at its facility in Sherman, Texas. The grant supports a capital investment project exceeding $154 million aimed at increasing InP wafer manufacturing capacity. 利空: This planned capacity expansion for a key compound semiconductor material is likely to increase future supply, potentially putting downward pressure on InP wafer prices.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

InP Wafers

Coherent Corp

capacity-expansionsubsidyIII-V-semiconductors

Source and time

Source: Semiconductor Today · 2/9/2026 · View original source

Open the NuAxi live feed →

Real-time pricing, supply signals and AI analysis for semiconductor traders

ClassOne wins multi-system Solstice S8 follow-on orders from photonics manufacturers for high-volume 6-inch InP gold platingSemiconductor Today · 9/15/2026
Sumitomo Chemical starts mass production of 4-inch InP wafers for AI data centersDigiTimes Asia · 9/3/2026
Coherent inaugurates $127m factory in VietnamSemiconductor Today · 8/6/2025
Coherent and Mitsubishi Electric collaborating to scale manufacturing of silicon carbide power electronicsSemiconductor Today · 5/26/2023
NVIDIA investing $2bn in Coherent’s R&D, capacity expansion and operations as it builds out US-based manufacturingSemiconductor Today · 3/10/2026
Coherent’s silicon carbide business completes $1bn in investments from DENSO and Mitsubishi ElectricSemiconductor Today · 12/5/2023

Texas Semiconductor Innovation Fund grants Coherent $14m to accelerate scaled production of InP wafers

What happened

Impact and signal

Affected components and suppliers

Source and time

Related briefings