WICHITA, KS—Integra Technologies, the largest U.S. outsourced semiconductor assembly and test (OSAT) company, plans to invest $1.8 billion to build a large-scale manufacturing facility here. 

LEHI, UT—Texas Instruments Inc. will build its next 300-millimeter semiconductor wafer fabrication plant here. 

Rarely does a major spending bill in Washington draw bipartisan support and yield immediate results. Behold the CHIPS and Science Act, which was signed into law by President Joe Biden Aug. 9. The act provides more than $52 billion in new funding to boost domestic research and manufacturing of semiconductors in the U.S.

Geopolitical forces are accelerating the growing trends of reshoring and foreign direct investment (FDI). Over the last decade, an expanding understanding of the routine logistics costs of offshoring drove an upward trend of reshoring.

DURHAM, NC—Wolfspeed Inc. will build a state-of-the-art, multi-billion-dollar factory in Chatham County, North Carolina, to produce wide-bandgap semiconductors made from silicon carbide. The new factory will increase the company’s manufacturing capacity by more than 10 fold.

BELVIDERE, IL—Production at Stellantis’ assembly plant here came to a halt on Monday due to the widening global shortage of semiconductors for auto parts. The shutdown is expected to last a week.