But as a result of this proposed CHIPS investment, GlobalWafers would build and expand its facilities in: Further, as part of the PMT, GlobalWafers plans to convert a portion of its existing silicon epitaxy wafer manufacturing facility in Sherman, Texas to silicon carbide ("SiC") epitaxy wafer manufacturing, producing 150mm and 200mm SiC epitaxy wafers. SiC epitaxy wafers are a critical component for high-voltage applications, notably including electric vehicles and clean energy infrastructure. "With this proposed investment, GlobalWafers will play a crucial role in bolstering America's semiconductor supply chain by providing a domestic source of silicon wafers that are the backbone of advanced chips," U.S. Secretary of Commerce Gina Raimondo said in a release.