# 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.

- Type: Investment
- Announced: 2024-07-17
- Where: Texas and Missouri, United States
- Value: $400.0M
- Jobs: 2,580
- Status: announced
- Products: 300mm silicon wafers, silicon-on-insulator wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [GlobalWafers](https://endata.com/companies/5203.md)
- [MEMC](https://endata.com/companies/71605.md)
- [GlobalWafers America](https://endata.com/companies/78672.md)
- [U.S. Department of Commerce](https://endata.com/companies/74718.md) (investor)

## Sources

- [nist.gov](https://www.nist.gov/news-events/news/2024/07/biden-harris-administration-announces-preliminary-terms-globalwafers), 2024-07-17: "President Biden is restoring our leadership in the entire semiconductor supply chain – from materials to manufacturing, to R&D."

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