Friday, 24 March, 2023

SkyWater will be building chip plant for $1.8B in Indiana

<p>In collaboration with the state of Indiana and Purdue University, American semiconductor maker SkyWater Technology Inc. has announced intentions to invest $1.8B in chip research and production plant in Indiana. The news was made one day after the US Senate voted to advance a more condensed version of the CHIPS Act. The proposal proposes to provide the semiconductor industry with tax breaks and subsidies worth billions of dollars.</p>