Bosch signs agreement for up to $225 million in CHIPS Act funding

Bosch News

Bosch signs agreement for up to $225 million in CHIPS Act funding
US Commerce DepartmentCHIPS And Science ActBosch Mobility Americas
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Will Shanklin has been writing about gadgets, tech and their impact on humanity since 2011. Before joining Engadget, he spent five years creating and leading the mobile technology section for New Atlas. His work has also appeared on SlashGear, TechRadar, Digital Trends, AppleInsider, Android Central, HuffPost and others.

somehow got a piece of the action, Bosch is also a German multinational corporation that makes… just about everything under the sun. semiconductors, which are used to boost the efficiency of EV driving and charging. Bosch expects the first 200mm wafers to come off the line there in 2026.

“The Roseville investment enables Bosch to locally produce silicon carbide semiconductors, supporting US consumers on the path to electrification,” Paul Thomas, president of Bosch in North America and Bosch Mobility Americas, wrote in a statement.In addition to boosting America’s primacy in the chip industry, the CHIPS Act’s other goal is job creation.

“Today’s agreement catalyzes nearly $2 billion of private investment and the creation of over 1,700 jobs, while investing in a critical technology relied upon on by our defense and auto industry,” wrote Natalie Quillian, the White House Deputy Chief of Staff.

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US Commerce Department CHIPS And Science Act Bosch Mobility Americas Silicon Carbide Paul Thomas Taiwan Semiconductor Manufacturing Company Silicon Development Funding

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