S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Bosch Secures $225 Million CHIPS Funding for Roseville Chip Plant

Bosch has finalized a $225 million direct funding agreement with the U.S. Department of Commerce to scale up silicon carbide semiconductor production in Roseville, California. This federal injection supports a broader $2 billion investment aimed at transforming the legacy site into a high-tech hub for electric mobility and energy efficiency.

Bosch Secures $225 Million CHIPS Funding for Roseville Chip Plant
Photo: Bio & News

The Roseville facility, which boasts four decades of semiconductor manufacturing history, has officially commenced sample production. Bosch intends to reach full commercial manufacturing of silicon carbide chips on 200-millimeter wafers by 2026. This timeline accelerates the company’s market entry, leveraging existing infrastructure and a skilled local workforce to bolster domestic supply chain resiliency for the automotive and industrial sectors.

Beyond federal support, the project received a $25 million California Competes tax credit. The initiative is part of a wider corporate strategy to invest $7.5 billion across U.S. operations through 2031, marking the company’s 125th anniversary in the country. Bosch currently employs over 300 people at the Roseville plant and is actively collaborating with Sierra College to cultivate a specialized technical pipeline for future growth.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!