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Wall Street Journal: Intel, Brookfield Sign $30 Billion Deal To Finance Chip Factories Bloomberg: Apple Prepares To Get Made-In-US Chips In Pivot From Asia KWCH: Integra Technologies To Bring Nearly 2,000 Jobs To Wichita


KWCH: Integra Technologies To Bring Nearly 2,000 Jobs To Wichita. “Kansas-based Integra Technologies is expanding in Wichita and plans to invest $1.8 billion in the state. This is the second-largest private investment in Kansas history, according to Gov. Laura Kelly who made the announcement on Thursday.” … “Integra will receive Attracting Powerful Economic Expansion (APEX) incentives, paving the way for the company to apply to the U.S. Department of Commerce for CHIPS and Science Act funding.” [KWCH, 2/2/23]

Oregon Live: Analog Devices Plans $1 Billion Factory Upgrade.  “‘We are making significant investments to modernize our existing manufacturing space and retool equipment to increase productivity, as well as expand our overall facilities infrastructure with 25,000 square feet of additional cleanroom space,” said Fred Bailey, ADI’s vice president for factory operations.” [Oregon Live, 1/16/23]

Axios: The U.S. Chip Boom Is Just Beginning. “Chip giant Taiwan Semiconductor Manufacturing Co.'s decision to triple its investment in Arizona is part of a national rush to re-shore key inputs for the American economy.” [Axios, 12/7/22]

CNN: TSMC Ups Its Arizona Chipmaking Investment To $40 Billion Ahead Of Biden’s Visit. “Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that it’s building a second semiconductor factory in Arizona and raising its investment there from $12 billion to $40 billion. The move marks one of the “largest foreign direct investments in the history of the United States,” according to the company. TSMC’s plans come as tensions between Washington and Beijing are rising over chips, with President Joe Biden imposing a sweeping set of controls on the sale of advanced chips and chip-making equipment to Chinese firms.” [CNN, 12/6/22]

Reuters: TSMC Triples Arizona Chip Plant Investment, Biden Hails Project. “Taiwanese chipmaker TSMC (2330.TW) on Tuesday said it would more than triple its planned investment at its new Arizona plant to $40 billion, among the largest foreign investments in U.S. history, as President Joe Biden visited and hailed the project. The expanded investment is a big win for Biden after supply chain issues disrupted the U.S. economy early in his presidency.” [Reuters, 12/7/22]

NY Times: Micron Pledges Up To $100 Billion For Semiconductor Factory In New York. “Micron announced on Tuesday that it planned to spend as much as $100 billion over the next 20 years or more to build a huge computer chip factory complex in upstate New York, the latest move by a major semiconductor maker to invest in the United States. The commitment by Micron is a sign that the federal government’s prodding and package of generous incentives are helping to steer investment decisions. Legislation that passed in August, the CHIPS and Science Act of 2022, provides $52 billion in grants and subsidies for companies to build and expand computer chip factories in the country.” [NY Times, 10/4/22]

KTEN: Globalwafers Breaks Ground For Sherman Expansion. “Another multi-billion dollar project broke ground Thursday in Sherman. The GlobalWafers silicon wafer manufacturing facility will be built in four phases; the Taiwan-based company said it will eventually support 1,500 high tech jobs producing 1.2 million wafers every month. The end product will be used by Apple, Samsung, and Texas Instruments, one of the reasons GlobalWafers selected Sherman for its expansion over competing sites in Ohio and South Korea.” [KTEN, 12/1/22]

Bloomberg: Apple Prepares To Get Made-In-US Chips In Pivot From Asia. “Apple Inc. is preparing to begin sourcing chips for its devices from a plant under construction in Arizona, marking a major step toward reducing the company’s reliance on Asian production. Chief Executive Officer Tim Cook made the disclosure during an internal meeting in Germany with local engineering and retail employees as part of a recent tour of Europe, according to remarks reviewed by Bloomberg News. He added that Apple may also expand its supply of chips from plants in Europe.” [Bloomberg, 11/15/22]

WGRZ: Edwards Vacuum To Build Facility In Genesee County. “On Wednesday, Gov. Kathy Hochul and Senate Majority Leader Chuck Schumer announced a British-based manufacturer has chosen WNY as the destination for its new manufacturing facility. Edwards Vacuum specializes in vacuum and abatement equipment in the semiconductor industry and is a part of the Atlas Copco Group. The company has picked the Western New York Science & Technology Advanced Manufacturing Park (STAMP) in Genesee County, as the location for its new $319 million, U.S. dry pump manufacturing facility, according to the news release.” [WGRZ, 11/2/22]

The Center Square: Four Semiconductor Makers Announce $277M Investment In Indiana. “Four American-owned semiconductor companies will invest a total of $277 million to begin operations in Odon, Indiana, in exchange for $44.7 million in state grants and tax credits, Gov. Eric Holcomb announced Monday. The companies expect to add over 500 high-wage jobs to the state’s economy.” [The Center Square, 11/21/22]

KSNT: Radiation Detection Technologies Plans $4 Million Expansion.  “‘With the support from the greater Manhattan area and the State of Kansas, we are happy and proud to be expanding semiconductor manufacturing in the state,” said RDT CEO Dr. Steven Bellinger. “This industry is growing around the world, and being able to conduct innovative R&D for the DoD, DOE, NIH, and NASA is exciting. We are confident that with the great veterans, university graduates, and the hard-working, results-driven workforce in Kansas, we have the talent pool we need to grow in the state.’’ [KSNT, 10/27/22]

Spectrum: In Poughkeepsie, Biden cheers $20B IBM investment in N.Y.'s Hudson Valley. “President Joe Biden on Thursday traveled to Poughkeepsie, New York, to celebrate IBM’s $20 billion investment, which will cover research, development and manufacturing of semiconductors, quantum computing and artificial intelligence across the Hudson Valley region over the next decade. "Made in America is no longer a slogan," Biden said in a speech at Poughkeepsie's IBM facility, cheering a boom in domestic private-sector investments under his administration. "It's a reality." "Since we've been elected, we've created 678,000 new manufacturing jobs, and we're just getting started," Biden pledged.” [Spectrum, 10/6/22]

Washington Post: Biden’s Visit Shows High Stakes Of $20 Billion Ohio Chip Factory.  “President Biden on Friday celebrated the start of construction of a $20 billion project that aims to reassert the United States as a major technology manufacturer after decades of offshoring, with the building of two giant semiconductor factories that could deliver thousands of jobs in coming years. The Intel manufacturing facility taking shape on a verdant plot of land outside Columbus is one of the most expensive and consequential investments in the United States in recent years — one offering enormous possible benefits for the economy, but also facing considerable challenges to reach fruition. Billions of dollars of federal subsidies, approved in newly signed law, convinced California-headquartered Intel to proceed with the project, which aims to dramatically boost domestic manufacturing of the tiny components that power all modern electronics, from laptops to fighter jets.” [Washington Post, 9/9/22]

Midland Daily News: Michigan Receives $375 Million Investment For Hemlock Semiconductor. “Hemlock Semiconductor Operations, Michigan Economic Development Corporation and Gov. Gretchen Whitmer announced today a $375 million project that will create 170 jobs in Thomas Township. The Hemlock Semiconductor project will modernize and expand operations in the Great Lakes Bay region and meet the increasing global demand for hyper-pure polysilicon in the semiconductor and solar industries.” [Midland Daily News, 9/7/22]

NPR: Chip Company Micron Announces Multibillion-Dollar Facility In Boise. “Micron Technology announces a $15 billion manufacturing plant for Boise, the largest private investment ever in Idaho. CHIPS Act incentives and state help are credited for thousands of new jobs.” [NPR, 9/2/22]

Wall Street Journal: Intel, Brookfield Sign $30 Billion Deal To Finance Chip Factories. “Intel Corp. has struck an unusual $30 billion funding partnership with Brookfield Asset Management Inc. to help finance its factory-expansion ambitions, signaling some big investors are upbeat about the long-term demand for semiconductors. The agreement with the publicly traded Canadian asset-management firm is the first of what could be a series of such arrangements Intel pursues to underpin Chief Executive Pat Gelsinger’s push to make the company a leading contract chip maker and regain its manufacturing advantage over competitors in Taiwan and South Korea.” [Wall Street Journal, 8/23/22]

Star Tribune:  Klobuchar, Executives Pledge Expansions To Twin Cities Tech Factories. “The lobbying of Congress to pass a law for government grants to the nation's high-tech manufacturers is over. Now, the line is forming to get the grants. Leaders of three Minnesota tech manufacturing companies joined U.S. Sen. Amy Klobuchar on Tuesday to celebrate passage of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act, which President Joe Biden signed into law last week.” [Star Tribune, 8/16/22

KOAA: Microchip Technologies Plans To Double Workforce At Colorado Springs Plant. “‘We're gonna give our semiconductor industry a real shot in the arm here,’ said Senator Michael Bennet, (D) Colorado. ‘I'm excited about what it means for Americans and for workers in Colorado the chance to earn a decent living.’ Bennet toured the facility with company executives on Thursday and told reporters that pandemic supply chain disruption really exposed national security risks.” [KOAA, 8/11/22]

Reuters:  Qualcomm to spend $4.2 billion more on chips from GlobalFoundries. “Qualcomm (QCOM.O) agreed to buy an additional $4.2 billion in semiconductor chips from GlobalFoundries's (GFS.O) New York factory, bringing its total commitment to $7.4 billion in purchases through 2028, according to a filing released Monday. The announcement expands on a prior $3.2 billion purchasing agreement between the two companies and will produce chips for use in 5G transceivers, Wi-Fi, automotive and Internet of Things (IoT) connectivity.” [Reuters, 8/8/22]

Bloomberg: Samsung Eyes $200 Billion Expansion of Chip Plants in Texas. “Samsung Electronics Co. is floating the idea of a broad expansion of semiconductor manufacturing facilities in Texas, a possibly significant step in bolstering domestic capabilities at a time of rising concern over US vulnerabilities. The South Korean company, the leading maker of memory chips, laid out potential plans to spend almost $200 billion on 11 plants in a series of filings in the state.” [Bloomberg, 7/21/22]