Bosch to expand SiC device factory in Roseville with $225M CHIPS grant

The U.S. Department of Commerce and Bosch signed a preliminary memorandum of terms for up to $225 million in CHIPS Act funding to expand Bosch's silicon carbide device factory in Roseville, California. The expansion will increase production capacity to over 40% of U.S.-based SiC manufacturing and create up to 700 manufacturing jobs.

“The U.S. Department of Commerce and Bosch signed a non-binding preliminary memorandum of terms (PMT) to provide up to $225 million in proposed direct funding under the CHIPS and Science Act.”nist.gov

• 1 source
• nist.govBosch (California) | NISTDec 12, 2024

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