Thursday, 5 March, 2026
SkyWater will be building chip plant for $1.8B in Indiana
By Basit Ansari
<p>In collaboration with the state of Indiana and Purdue University, American semiconductor maker SkyWater Technology Inc. has announced intentions to invest $1.8B in chip research and production plant in Indiana. The news was made one day after the US Senate voted to advance a more condensed version of the CHIPS Act. The proposal proposes to provide the semiconductor industry with tax breaks and subsidies worth billions of dollars.</p>
Read full story at Reuters
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