Microchip Technology to receive $162M US grant to expand chip factories in Colorado and Oregon
The US Commerce Department plans to award Microchip Technology $162 million to expand semiconductor and MCU production at two factories in Colorado and Oregon, tripling output of mature-node chips.
Productsmature-node semiconductor chipsmicrocontroller units (MCUs)
“The award 'is a meaningful step in our efforts to bolster the supply chain for legacy semiconductors that are in everything,' Commerce Secretary Gina Raimondo said.”apnews.com
- 4 sources
- apnews.comUS announces $162 million to expand computer chip factories | AP NewsJosh BoakJan 4, 2024
- finance.yahoo.comUS plans $162 million award to Microchip Technology to boost productionDavid ShepardsonJan 4, 2024
- newelectronics.co.ukNew Electronics - Microchip to boost production following $162m US government grant - New ElectronicsNeil TylerJan 4, 2024
- upi.comMircrochip Technology gets $162M in CHIPS funds for plants in Colorado, Oregon - UPI.comA.L. LeeJan 4, 2024
Summarized from public sources; check the original articles before acting on it.
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