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The U.S. Department of Commerce and Bosch signed a preliminary memorandum of terms for up to $225 million in CHIPS Act funding to support Bosch's $1.9 billion investment to transform its Roseville, California facility into the largest SiC device factory globally. The project will create up to 1,000 construction jobs and 700 manufacturing jobs.
“The proposed investment would support Bosch's planned investment of $1.9 billion to transform its manufacturing facility in Roseville, California, for production of silicon carbide (SiC) power semiconductors.”commerce.gov
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