Computer Chip Factories In The News: Colorado Springs, CO; Gresham, OR -- East Of Portland -- January 7, 2024

Locator: 46482CHIPS.

Updates

January 8, 2024: link here.

Original Post 

Link here. 

Why Colorado? Why Oregon? Microchip Technology at wiki. Ticker (MCHP): one year looks volatile; 5-year looks good. Recently raised dividend.

From the linked article:

The Biden administration is providing $162 million to Microchip Technology to support the domestic production of computer chips — the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing.

The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a factory in Gresham, Oregon, the Commerce Department said. The investments would enable Microchip Technology to triple its domestic production and reduce its dependence on foreign factories.

Map: Gresham, Oregon -- Microchip Technology facility in relationship to general area where Judah and Levi live. Whoo-hoo!

 

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