"Infinera Corp., a Nokia subsidiary, purchased the 82,000-square-foot facility at 6373 San Ignacio Avenue for nearly $27 million. The team will convert this former headquarters in South San Jose into a dedicated photonic semiconductor fabrication plant."
"Federal support accelerates the transformation. Nokia secured $40 million through the CHIPS and Science Act to fund advanced manufacturing capabilities for photonic chips that power high-speed data transmission and artificial intelligence systems."
"San Jose will gain a powerful new asset that brings high-value production jobs and reinforces the city's role in critical global innovation."
Infinera Corp., a Nokia subsidiary, acquired a former headquarters facility in South San Jose spanning 82,000 square feet for approximately $27 million. The company plans to convert this property into a dedicated photonic semiconductor fabrication plant. Nokia received $40 million in federal funding through the CHIPS and Science Act to support advanced manufacturing capabilities for photonic chips used in high-speed data transmission and artificial intelligence systems. This investment follows Nokia's $2.3 billion acquisition of Infinera and complements ongoing construction at the Valley Oak Technology Center. The facility will create high-value production jobs and strengthen San Jose's position in global innovation and semiconductor manufacturing.
#semiconductor-manufacturing #photonic-chips #chips-act-funding #san-jose-technology #nokia-infinera
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