Taiwan's silicon wafer giant GlobalWafers announced on July 17th that, based on the Chips and Science Act, its subsidiaries GlobalWafers America (GWA) and MEMC LLC have signed a non-binding preliminary memorandum of terms (PMT) with the U.S. Department of Commerce. This agreement will provide up to $400 million in direct subsidies for the construction of advanced silicon wafer fabs in Sherman, Texas, and St. Peters, Missouri.
GlobalWafers to Build Advanced Silicon Wafer Factories in Texas and Missouri with $400M U.S. Subsidy
