MACOM wins $70M CHIPS funding to expand semiconductor manufacturing

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MACOM secures $70M from the US government to boost semiconductor production under the CHIPS Act. The expansion will create hundreds of jobs and improve next-generation telecom infrastructure. What happened: MACOM secures $70M funding to expand its manufacturing MACOM Technology Solutions, a leading producer of semiconductor devices used in telecommunications and defence applications, has received $70 million from the US government to expand its manufacturing facilities. The funding, part of the CHIPS Act, will help modernise MACOM’s plants in Lowell, Massachusetts, and Durham, North Carolina.

The expansion will focus on increasing production of semiconductor technologies for optical, wireless, and satellite networks. The project is expected to create up to 350 manufacturing jobs and nearly 60 construction jobs across both states. MACOM specialises in producing radio frequency, microwave, millimetre-wave, and photonic semiconductor devices. Its 100mm Gallium Nitride (GaN) and Gallium Arsenide (GaAs) semiconductors are used in ground-based radar systems and commercial telecommunications equipment.

As part of the expansion, MACOM will also begin producing 150mm GaN components, which promise better efficiency and enhanced performance for next-generation telecom infrastructure. Also read: BAE Systems, Rocket Lab receive $60M US semiconductor boost Also read: The composition and importance of semiconductors Why it’s important This $70 million investment from the CHIPS Act shows the US government’s focus on boosting semiconductor manufacturing and advancing key technologies.

By modernising its facilities, MACOM will help develop essential components for optical, wireless, and satellite networks, which are crucial for next-generation telecom infrastructure and national security. The funding will also create hundreds of jobs in manufacturing and construction, driving economic growth in Lowell and Durham. The CHIPS Act provides tax credits on capital expenditures, making it an appealing investment for MACOM. This move will strengthen the US’s position in the global semiconductor market, supporting both innovation and national security.