Bosch signs agreement for up to $225 million in CHIPS Act funding
Briefly

"The Roseville investment enables Bosch to locally produce silicon carbide semiconductors, supporting US consumers on the path to electrification," Paul Thomas, president of Bosch in North America and Bosch Mobility Americas, wrote in a statement.
"Today's agreement catalyzes nearly $2 billion of private investment and the creation of over 1,700 jobs, while investing in a critical technology relied upon on by our defense and auto industry," wrote Natalie Quillian, the White House Deputy Chief of Staff.
Read at Engadget
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