This Minnesota plant is getting a $123 million boost from the U.S. government to make more chips
Briefly

from Fast Company5 months ago
The U.S. Commerce Department has finalized a $123 million grant for Polar Semiconductor, aimed at expanding its plant in Minnesota, nearly doubling its production capacity.
Fast Companyhttps://www.fastcompany.com/91196360/minnesota-plant-getting-123-million-boost-u-s-government-make-more-chips
Commerce Secretary Gina Raimondo emphasized that this funding will establish a new U.S.-owned foundry, capable of producing critical power and sensor semiconductors, addressing various market needs.
Fast Companyhttps://www.fastcompany.com/91196360/minnesota-plant-getting-123-million-boost-u-s-government-make-more-chips
Read at Fast Company
#semiconductor-manufacturing #us-commerce-department #funding-and-grants #polar-semiconductor #biden-administration
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