DoC announces DFA with Bosch for $225mn CHIPS Program Award to support domestic production of SiC semiconductors

Department of Commerce’s CHIPS Program Office, USA, announced the signing of a Direct Funding Agreement with Robert Bosch Semiconductor LLC (“Bosch”) for up to $225 million in incentives under the CHIPS and Science Act. The award will support Bosch’s $2 billion investment to transform its manufacturing facility in Roseville, CA into a state-of-the-art silicon carbide (SiC) semiconductor production facility. SiC semiconductors are essential components to the automotive, industrial, energy, and co