X-Fab to modernize and expand silicon carbide fab in Lubbock, Texas

The U.S. Department of Commerce signed a preliminary memorandum of terms to provide up to $50 million in direct funding to X-Fab for the modernization and expansion of its existing silicon carbide fab in Lubbock, Texas, creating up to 150 jobs.

“The proposed investment in X-Fab would support the modernization and expansion of its existing silicon carbide fab in Lubbock, Texas and is expected to create up to an estimated 150 jobs.”dfecho.com

• 1 source
• dfecho.comBiden-Harris Administration Announce Preliminary Terms with Coherent, SkyWater, and X-Fab to Advance U.S. Supply Chain Security - DfechoTechattyDec 10, 2024

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