Market
What will be Bosch's Roseville facility's contribution to U.S. semiconductor production by end of 2025?
2
Resolution / Starting Odds
Major contributor • 25%
Moderate contributor • 25%
Minor contributor • 25%
Negligible impact • 25%
Industry reports or government statistics on semiconductor production
Story
Bosch Secures $225 Million in CHIPS Act Funding for $1.9 Billion Roseville Semiconductor Facility, Creating 1,700 Jobs and Largest SiC Factory
Dec 13, 2024, 06:45 PM
The Biden-Harris Administration announced a significant funding initiative under the CHIPS and Science Act, with German tech company Bosch set to receive up to $225 million for the expansion of its semiconductor manufacturing facility in Roseville, California. This funding is part of Bosch's larger $1.9 billion investment aimed at creating the largest silicon carbide (SiC) semiconductor factory in the region. The project is expected to generate approximately 1,700 jobs, contributing to the local economy and supporting advancements in electric vehicle (EV) and clean energy technologies. The agreement marks a critical step in the U.S. government's efforts to bolster domestic semiconductor production and innovation, as emphasized by various officials highlighting the economic benefits of the CHIPS Act.
View original story
Similar markets
Exactly $1.9 billion • 25%
Between $1.9 billion and $2.5 billion • 25%
Less than $1.9 billion • 25%
More than $2.5 billion • 25%
3rd • 25%
2nd • 25%
1st • 25%
4th or lower • 25%
Clean Energy Technologies • 25%
Electric Vehicles • 25%
Other • 25%
Consumer Electronics • 25%
Yes • 50%
No • 50%
10 or more companies • 25%
1-3 companies • 25%
4-6 companies • 25%
7-9 companies • 25%
10% to 15% • 25%
5% to 10% • 25%
More than 15% • 25%
Less than 5% • 25%
No significant change • 25%
Significant increase in competition • 25%
Decrease in competition • 25%
Moderate increase in competition • 25%
20-30% of TSMC's capacity • 25%
More than 30% of TSMC's capacity • 25%
Less than 10% of TSMC's capacity • 25%
10-20% of TSMC's capacity • 25%