# 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.

- Type: Expansion
- Announced: 2024-01-04
- Where: Colorado and Oregon, United States
- Value: $162.0M
- Jobs: 700
- Status: announced
- Products: mature-node semiconductor chips, microcontroller units (MCUs)
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Microchip Technology](https://endata.com/companies/23471.md)

## Sources

- [apnews.com](https://apnews.com/article/computer-chips-biden-commerce-microchip-technologies-f9f1984a1e524c33edc3d95e9da9d1b7), 2024-01-04: "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."
- [finance.yahoo.com](https://finance.yahoo.com/news/us-plans-162-million-award-100652539.html), 2024-01-04: "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."
- [newelectronics.co.uk](https://www.newelectronics.co.uk/content/news/microchip-to-boost-production-following-162m-us-government-grant), 2024-01-04: "Microchip Technology has been awarded a $162 million government grant to increase the production of semiconductors and microcontroller units (MCUs)."
- [upi.com](https://www.upi.com/Top_News/US/2024/01/04/biden-administration-announces-162-million-microchip-technology-oregon-colorado/9371704373952/), 2024-01-04: "The Biden administration on Thursday granted the latest round of funding from the CHIPS and Science Act to an Arizona-based microchip company to expand operations in Oregon and Colorado."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.