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IntelliEPI awarded Texas Semiconductor Innovation Fund’s first grant

What happened

IntelliEPI received a $4.12M grant from the Texas Semiconductor Innovation Fund to build a new 30,000 sq ft wafer production facility in Allen, Texas, which is expected to nearly triple its annual production output. The grant is part of the Texas CHIPS Act, aimed at bolstering in-state semiconductor manufacturing. Bearish: The significant capacity expansion for MBE-grown epitaxial wafers, used in RF and photonics, could increase supply and exert downward pressure on prices for these specialized components in the medium term.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

Epitaxial WafersRF WafersPhotonics Wafers
Intelligent Epitaxy Technology Inc (IntelliEPI)
capacity-expansiongovernment-subsidyproduction-increase

Source and time

Source: Semiconductor Today · 11/15/2024 · View original source

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