Hey, beautiful people. ICYMI, in early August, Apple Inc. has committed $100 billion to investments in Sherman, Texas, as part of its broader $600 billion American Manufacturing Program. This landmark investment, spanning partnerships with GlobalWafers America, Texas Instruments, and Coherent, positions North Texas as a global semiconductor hub.

For Black-owned businesses in Dallas–Fort Worth and beyond, this presents unprecedented opportunities in tech contracting, supply chain inclusion, workforce development, real estate, and venture capital. Affluent Blacks of Dallas (ABoD) sees this as a defining moment for positioning local Black entrepreneurs as key contributors to the next wave of American innovation. Consider the following…

The Investment Landscape

Key Partners

– GlobalWafers America (GWA): Producing 300 mm silicon wafers.
– Texas Instruments (TI): Expanding Sherman fabs for chip manufacturing.
– Coherent: Manufacturing advanced laser components for Apple devices.

Strategic Importance

– Enhances U.S. semiconductor independence.
– Anchors Sherman, TX as a critical innovation hub.
– Spurs economic development across the DFW metroplex.

Opportunity Matrix for Black-Owned Businesses

Sector	Opportunity Area	Example for Black-Owned Firms
Construction & Real Estate	Facility construction, workforce housing, retail development	Black developers and contractors in DFW can capture billions in downstream projects
Professional Services	Legal, accounting, consulting, staffing	Firms with supplier diversity certifications can secure vendor contracts
Technology & Cybersecurity	Cloud integration, IT services, data protection	Black-owned tech consultancies can position for subcontracting with Apple/TI/Coherent
Education & Workforce	STEM pipeline development, training, CSR partnerships	Partnering with HBCUs (Paul Quinn, Prairie View A&M) and Black nonprofits
Venture Capital & Innovation	Funding spinoffs and startups from Sherman’s tech cluster	Black angel investors and VC firms can build wealth through equity participation

Local & Community Impact

Sherman’s transformation will ripple into Dallas and Plano, and even fuel the McKinney Airport expansion project.. New fabs and tech facilities create:
– Job Growth: Thousands of direct and indirect jobs.
– Housing Demand: A surge in workforce housing, ideal for Black developers.
– Business Expansion: From catering to logistics, small-to-midsize Black-owned firms can scale up.

For the past year or so, Sherman has been quietly developing land for mixed use and entertainment real estate. This trend should feed into the residential real estate market as well.

Call to Action

Now is the time for Black entrepreneurs and investors to organize, network, and pursue a seat at the table in these historic investments. This Affluent Blacks of Dallas platform is a conduit for facilitating dialogue, connect business leaders, and highlight pathways for Black-owned enterprises to thrive in this new North Texas technology economy. Stay tuned for an accompanying social media post (Instagram and TikTok) and YouTube video soon. Also subscribe to our new partnership platform, Digital Transformer Guy, on YouTube, Instagram, TikTok and SamsonaSoftware.com. Samsona Corporation is a Black-owned STEM company here in DFW. Take care, brothas and sistas.