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Bosch allocated $225m in US CHIPS Act funding, plus $350m in loans

What happened

The U.S. Department of Commerce has allocated $225 million in CHIPS Act funding and $350 million in loans to Bosch for a $1.9 billion expansion of its SiC power semiconductor fab in Roseville, California. This investment aims to significantly increase Bosch's global SiC production capacity. Bearish: This planned capacity expansion for a key automotive power semiconductor material could ease long-term supply constraints and exert downward pressure on SiC component prices.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

Silicon Carbide (SiC) Power Semiconductors
Robert Bosch GmbH
capacity-expansionsubsidyCHIPS-ActSiC

Source and time

Source: Semiconductor Today · 12/13/2024 · View original source

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