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DOE offers $544M to semiconductor company

Metal Tech News - February 26, 2024

Department of Energy hopes to build a more secure and resilient semiconductor supply chain for EV manufacturing in the U.S.

Once again investing in the future of secure, domestic manufacturing, the U.S. Department of Energy, through its Loan Programs Office (LPO) has conditionally committed to loan SK Siltron CSS, LLC $544 million to expand American production of high-quality silicon carbide (SiC)...


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