Taiwan-based GlobalWafers to build $5 billion plant in Texas - UPI.com. Advertisement. Taiwan-based technology company GlobalWafers promises to ease a chip shortage in the United States with plans to build a $5 billion factory in Sherman, Texas.   GlobalWafers announced Monday it will  manufacture silicon wafers  for Intel and Taiwan Semiconductor Manufacturing Co. as part of a U.S. effort to increase domestic production of advanced semiconductors and reduce reliance on imports.  Advertisement   "Today\'s announcement from GlobalWafers is  critical to rebuilding  the domestic semiconductor supply chain, strengthening our economic and national security and creating U.S. manufacturing jobs," said. U.S. Secretary of Commerce NAME_1.   Currently, domestic production of silicon wafers is expected to meet only 20% of U.S. demand by 2025, according to GlobalWafers, with the chip shortage disrupting production on a wide range of products,  including automobiles .  RELATED   GM will shut down Indiana plant for 2 weeks over semiconductor shortage   "With the global chips shortage and ongoing geopolitical concerns, GlobalWafers is taking this opportunity to address the United States semiconductor supply chain resiliency issue by building an advanced node, state-of-the-art, 300 millimeter silicon wafer factory," said NAME_2, GlobalWafers chairman and CEO. "Instead of importing wafers from Asia, GlobalWafers will produce and supply wafers locally."   GlobalWafers\' 3.2 million square-foot silicon wafer factory will be the largest of its kind in the U.S. and among the largest in the world. Construction is expected to start later this year with the plant creating 1,500 new jobs when it starts production in 2025. Consider only the given information and tell yes/no with reason if Global Wafers supplies silicon wafers to Intel? There should be exactly 4 paragraphs separated by the markdown divider: ***.
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