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CHIPS For America Awards in Minnesota

SkyWater Technology (Minnesota)

Proposed Award Amount

up to $16 million in proposed direct funding

CHIPS Organization

CHIPS Program Office

The proposed investment in SkyWater Technology Foundry would support the modernization of its existing facility in Bloomington, Minnesota.

Polar Semiconductor (Minnesota)

Award Amount

$123 million in direct funding

CHIPS Organization

CHIPS Program Office

The CHIPS for America award will provide the company with up to $123 million in total direct funding under the CHIPS and Science Act to expand and modernize the company’s manufacturing facility in Bloomington, Minnesota, doubling its U.S. production capacity of sensor and power chips within two years.