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Oregon legislators passed the USD 240 million Oregon CHIPS Act last year to encourage semiconductor firms to invest in the Northern state. It's a companion to the CHIPS and Science Act passed by Congress and signed by President Joe Biden in 2022.
In this first phase, legislators awarded Lam Research USD 22 million for the construction of a new research and development facility on its Tualatin campus. It assigned Analog Devices USD 12 million to expand its Beaverton facility, and pledged USD 2.2 million to Siltronic to modernize its Portland facility.
“The Oregon CHIPS Act is key to maintaining our state as a national leader in the semiconductor industry,” said Governor Tina Kotek. “These investments represent another milestone, and I look forward to the modernization and expansion that they will deliver to Oregon facilities and the benefits to our community as this industry continues to thrive.”
Lam Research, a leading supplier of wafer fabrication equipment and services to the semiconductor industry, will use the funding to enhance its technological capabilities and support advanced research. Analog Devices, known for its high-performance analog, mixed-signal, and digital signal processing (DSP) integrated circuits, plans to utilize the funding to increase production capacity. Siltronic, a global leader in hyperpure silicon wafers, aims to modernize its facilities to meet growing market demands.
Business Oregon recently announced the next round of the Oregon CHIPS Act funding. This round will offer at least USD 10 million in funding opportunities to further support the semiconductor industry's growth in the state.
Editor:Lulu
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