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Biden-Harris Administration Announces Preliminary Terms with Bosch to Advance U.S. Supply Chain Resiliency of Crucial Semiconductor Manufacturing Components
December 13, 2024
WASHINGTON, Dec. 13 -- The U.S. Department of Commerce issued the following news release:

Proposed Investment Would Support the Creation of the Largest SiC Semiconductor Factory for Bosch and Create up to 1,700 Jobs in California

Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Bosch have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $225 million in proposed direct funding under the CHIPS and Science . . .

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