A $1 billion investment in Roseville Semiconductors

Growing demand for semiconductor chips for electric vehicles has led to a historic investment, not only for the city of Roseville and the greater Sacramento area but also the entire state of California, according to the Greater Sacramento Economic Council. “You’re going to make a huge impact in this sector and in the region,” said Krista Bernasconi, deputy mayor of Roseville, who is based in Roseville. As part of the announcement, the company revealed that it plans to invest more than $1.5 billion in the Roseville site and convert its TSI semiconductor manufacturing facilities to state-of-the-art operations. “With this planned investment in the US, we are also increasing our semiconductor manufacturing globally,” said Dr. Stefan Harting, Chairman of the Board of Directors of BOSCH. . “The location in Roseville has existed since 1984. For nearly 40 years, the American company has accumulated extensive experience in the production of semiconductors.” Starting in 2026, the first wafers will be produced on 200 mm wafers based on the innovative silicon carbide material, read news release. “Roseville is a highly desirable location for innovative companies expanding their operations. We are a community of choice for investment, with an environment that nurtures business growth,” said Roseville Mayor Bruce Hodeshieldt. “This historic investment has a significant impact as the auto industry works to electrify mobility. As a region, we want to focus on expanding this industry to help build the supply chain as we continue to support the mobility of the future,” said Barry Broome, president and CEO of the Greater Sacramento Economic Council. Scale will depend The entirety of the planned investment in Roseville will significantly depend on the federal funding opportunities available through the CHIPS Act and science, according to a statement by Melissa Angiano, Roseville’s director of economic development.”We look forward to welcoming Bosch to our city and being a strong community partner.”

Rising demand for semiconductor chips for electric vehicles is leading to a historic investment, not only for Roseville and the greater Sacramento area but also for the entire state of California, according to the Sacramento Greater Economic Council.

BOSCH announced Wednesday morning that it will acquire TSI Semiconductors, which is headquartered in Roseville.

“It will have an enormous impact in this sector and in the region,” said Krista Bernasconi, deputy mayor of Roseville.

As part of the announcement, the company revealed that it plans to invest more than $1.5 billion in the Roseville site and convert its TSI semiconductor manufacturing facilities to state-of-the-art operations.

“With this planned investment in the US, we are also increasing our semiconductor manufacturing globally,” said Dr. Stefan Harting, Chairman of the Board of BOSCH. “The location in Roseville has existed since 1984. For nearly 40 years, the American company has accumulated extensive experience in the production of semiconductors.”

Starting in 2026, the first wafers will be produced on 200 mm wafers based on the innovative silicon carbide material, read the press release.

Roseville Mayor Bruce Hodeshieldt said, “Roseville is a highly desirable location for innovative companies expanding their operations. We are a community of choice for investment, with an environment that nurtures business growth.”

“This historic investment has a huge impact as the auto industry works to electrify mobility. As a region, we want to focus on expanding this industry to help build the supply chain as we continue to support the mobility of the future,” said Barry Broome, President and CEO of the Greater Sacramento Economic Council.

The full scope of the planned investment in Roseville will depend largely on federal funding opportunities available through CHIPS and the Science Act, according to a company statement.

“Bosch’s planned investment represents a tremendous economic opportunity,” said Melissa Angiano, director of economic development for the City of Roseville. “We look forward to welcoming Bosch to our city and to be a strong community partner.”

Leave a Reply

Your email address will not be published. Required fields are marked *