X-Fab (Texas)

On December 6, 2024, the Biden-Harris Administration announced that the U.S. Department of Commerce and X-Fab have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $50 million in proposed direct funding under the CHIPS and Science Act. 

• The proposed investment would support the expansion and modernization of X-Fab’s Silicon Carbide (SiC) foundry facility, the only high-volume SiC foundry in the U.S, which would bolster supply resiliency for critical infrastructure markets impacted by foundry capacity shortages and supply chain disruptions during the COVID-19 pandemic. 
• X-Fab’s SiC technology is key to the global decarbonization efforts in the automotive and industrial sectors and offers multiple advantages over conventional silicon-based technologies for high-power applications. 
• The proposed CHIPS investment would create an estimated 150 jobs and support X-Fab’s  current workforce development efforts; partnerships with Texas Tech College of Engineering, South Plains College, Western Technical College, Lubbock Area United Way, SEMI Foundation, and the Lubbock Economic Development Alliance.