GlobalWafers Co., a Taiwanese manufacturer of silicon wafers used in chip production, is in line to receive $400 million in US government help for projects in Texas and Missouri.

What Happened: The grant will facilitate the establishment of the first high-volume U.S. production of 300-mm wafers for advanced semiconductors and expand silicon-on-insulator wafer production.

The funding will support Wolfspeed's silicon carbide wafer production at its new facilities in North Carolina and Marcy, New York, part of a broader $6 billion expansion that promises to create ...

GlobalWafers Co., a Taiwanese manufacturer of silicon wafers used in chip production, is in line to receive $400 million in US government help for projects in Texas and Missouri.