Semiconductor manufacturer to invest $4B for new facility in California

SourceThe Hill
Date Published05/22/2023

Additional Reshoring Information:

Company/Division name Applied Materials, Inc.
Parent companyApplied Materials, Inc
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Capital investment ($):4000
City reshored to:Sunnyvale
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor chips and chipmaking tools
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Eco-system synergies, Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D), CHIPS and Science Act
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