On December 13, 2024, the Biden-Harris Administration announced that the U.S. Department of Commerce and Bosch have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $225 million in proposed direct funding under the CHIPS and Science Act.
- This proposed CHIPS investment would support the expansion of Bosch's largest SiC device factory globally and increase the company’s production capacity which could comprise more than 40% of all U.S.-based SiC device manufacturing capacity.
- Bosch expects to produce its first chips on 200-millimeter wafers in its Roseville facility starting in 2026. The facility will perform both front-end device manufacturing and backend testing, sorting, and dicing processes
- Bosch has committed to providing affordable and high-quality child care to company employees and construction workers at the Roseville site through the launch of a new navigation tool to help employees and construction workers find child care.
- Operating under a project labor agreement (PLA) with the Sacramento-Sierra Building and Construction Trades Council, this proposed project is expected to create up to 1,000 construction jobs and up to 700 manufacturing, engineering, and research and development jobs.