(light speed / 300 billion hertz) * (1 billion nanometers per meter / 140nm) = 7,137.91567 , according to Google's calculator.
Of course even a 10-fold practical increase would be an amazing thing, but I just can't see the 300GHz ever becoming a reality given the constraints that physics imposes on this.
There are already transistors which can switch at much higher frequencies. They're mainly used in radio communications. The promise of graphene semiconductors is that they may be a way of replacing or supplementing silicon, so it's nice that graphene transistors are turning out to have good performance, but the really big issue continues to be figuring out how to mass-produce non-trivial devices. Or even trivial ones.