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Microchip investing $880m to expand SiC and silicon capacity in Colorado Springs

What happened

Microchip Technology plans to invest $880 million over several years to expand its silicon carbide (SiC) and silicon production capacity in Colorado Springs. This investment is part of a broader industry push to increase SiC supply for automotive, industrial, and energy applications. Bearish: The planned capacity expansion increases future supply, potentially easing long-term pricing pressure for SiC and silicon power components.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

Silicon Carbide (SiC)Silicon (Si) Power Semiconductors
capacity-expansioncapexSiC

Source and time

Source: Semiconductor Today · 2/20/2023 · View original source

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