Loading...
Market
When will Bosch's $1.9 billion Roseville investment be completed?
3
Resolution / Starting Odds
Completed by 2025 • 25%
Completed by 2026 • 25%
Completed by 2027 • 25%
Completed after 2027 • 25%
Official announcements from Bosch or industry reports
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
Less than $1.9 billion • 25%
Exactly $1.9 billion • 25%
Between $1.9 billion and $2.5 billion • 25%
More than $2.5 billion • 25%
No • 50%
Yes • 50%
Clean Energy Technologies • 25%
Electric Vehicles • 25%
Consumer Electronics • 25%
Other • 25%
No • 50%
Yes • 50%
One completed • 33%
None completed • 1%
All three completed • 33%
Two completed • 33%
Build new facility in the US • 25%
Expand Corpus Christi facility • 25%
No major investment announced • 25%
Build new facility outside the US • 25%
Apple • 25%
Amazon • 25%
Other • 25%
Tesla • 25%