US to award Taiwan’s GlobalWafers up to $400 million to boost US semiconductor wafer production

The US Commerce Department said on Wednesday it planned to award Taiwan’s GlobalWafers up to $400 million in government grants to significantly increase production of silicon wafers.

The funds for projects in Texas and Missouri would establish the first US production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the Commerce Department said.