To Washington's relief, GlobalWafers to spend $5 billion on Texas plant
The loss of the Siltronic deal is certainly the United States' gain as GlobalWafers sees its new plant enabling it to address all the new chip factories being built stateside. The US therefore gains two parts of the silicon supply chain, which aligns nicely with Washington's desire to bring semiconductor manufacturing onshore.
Within GlobalWafers' canned statement, US secretary of commerce Gina Raimondo celebrated the new facility before issuing a stark warning about the need for domestic production. "We are at a make-or-break moment to expand domestic semiconductor production," said Raimondo."Semiconductor firms need to make investment decisions by the Fall to meet the enormous increased demand for chips." GlobalWafers has claimed the semiconductor plant will be the first of its kind built in the US in over twenty years. According to, Raimondo said GlobalWafers' CEO told her the firm's Texas investment was contingent on Congress approving the funding.
"300-millimeter silicon wafers are the starting material for all advanced semiconductor fabrication sites , including recently announced United States expansions by GlobalFoundries, Intel, Samsung, Texas Instruments and TSMC," said the Taiwanese chipmaker."Most of these wafers are currently manufactured in Asia, forcing the US semiconductor industry to highly rely on imported silicon wafers.
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