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ADI to receive $105 million from U.S. Commerce Department for expansion and modernization

SemiMediaEdit
January 21, 2025

January 21, 2025 /SemiMedia/ — The U.S. Department of Commerce announced on January 17 that Analog Devices, Inc. (ADI) will receive up to $105 million in proposed direct funding under the CHIPS and Science Act to expand and modernize its semiconductor manufacturing capabilities.

The funding will support the expansion of two advanced R&D and RF/microwave system manufacturing facilities in Chelmsford, Massachusetts, and two semiconductor manufacturing plants in Beaverton, Oregon, and Camas, Washington. This initiative could create up to 500 manufacturing and engineering jobs across the facilities.

“We are grateful for the support provided by the CHIPS and Science Act, which enables us to invest in the future of semiconductor technology and manufacturing in the U.S.,” said a spokesperson for ADI. “This investment will help us meet the increasing demand for high-performance semiconductor solutions and further strengthen our position as a leader in the industry.”

In addition to ADI, the U.S. Department of Commerce also announced funding for three other semiconductor firms. Coherent will receive up to $79 million to expand its manufacturing facility in Easton, Pennsylvania, creating around 320 manufacturing jobs. Intelligent Epitaxy Technology (IntelliEPI) will get $10.3 million to modernize its plant in Allen, Texas, potentially adding 40 manufacturing jobs. Sumika Semiconductor Materials Texas Inc. (Sumika) will receive $52.1 million to build a new facility in Baytown, Texas, which will create 43 manufacturing jobs and 250 construction jobs.

These investments are part of the broader efforts to strengthen U.S. semiconductor production, support economic growth, and ensure national security.

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