Bosch, a German-based company, is proposing a deal with the US government to build the nation’s largest Silicon Carbide (SiC) semiconductor factory in Roseville, California. The deal, which is worth $225 million in chip grants, is a result of the US government’s efforts to increase domestic chip production and reduce reliance on foreign suppliers. The new factory is expected to create 1,700 jobs in Roseville and bring significant economic growth to the area. Senator Alex Padilla praised the deal, stating that it will boost California’s semiconductor industry and create new opportunities for American workers.
The deal is part of the CHIPS Act, a federal law aimed at supporting the domestic semiconductor industry. The CHIPS Act provides funding for chip manufacturers to build new facilities and expand existing ones. The Bosch deal is a major investment in the US semiconductor industry and is expected to have a significant impact on the country’s chip production capabilities. The factory is expected to produce advanced SiC semiconductors, which are used in a variety of applications, including electric vehicles, renewable energy systems, and medical devices.