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- The US Department of Commerce has signed a non-binding preliminary memorandum of terms with Texas Instruments that could see the company awarded $1.6 billion in CHIPS and Science Act funding. The proposed funding would support Texas Instrument’s plans to invest $18bn in the construction of two fabs in Sherman, Texas.
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According to the 2020 US census, the population of Sherman, TX was 43,239.
The average property price in Sherman, TX is $256,975.
The property prices in Sherman, TX are currently on an increasing trend.
The average rent value in Sherman, TX is $1,451.
The average household income in Sherman, TX is $67,198.