Microchip to expand Colorado Springs fab with $90M CHIPS grant

Microchip Technology will use a $90 million federal grant as part of a $940 million modernization and expansion of its Fab 5 semiconductor fabrication facility in Colorado Springs, Colorado. The project is expected to more than triple chip output from the site.

“The $90 million grant from the CHIPS and Science Act further supports our $940 million modernization and expansion, and is expected to assist in more than tripling the chip output from this facility.”oedit.colorado.gov

• 1 source
• oedit.colorado.govGrowing the Colorado Semiconductor Industry: Microchip to Expand in Colorado Springs | Colorado Office of Economic Development and International TradeSubmitted by [user:field_first_name]Jan 4, 2024

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