GlobalWafers to receive up to $400M CHIPS Act funding for US wafer plants

The Biden-Harris Administration announced preliminary terms to provide up to $400 million in direct funding to GlobalWafers subsidiaries to support construction of new silicon wafer manufacturing facilities in Texas and Missouri. The projects represent total capital expenditures of approximately $4 billion and are expected to create 1,700 construction jobs and 880 manufacturing jobs.

“President Biden is restoring our leadership in the entire semiconductor supply chain – from materials to manufacturing, to R&D.”nist.gov

• 1 source
• nist.govBiden-Harris Administration Announces Preliminary Terms with GlobalWafers to Significantly Increase Production of Silicon Wafers in U.S. | NISTJul 17, 2024

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