X-FAB Receives More Than $50M in Funding for Chip Manufacturing 

The U.S. Department of Commerce announced X-FAB Silicon Foundries has entered into a non-binding preliminary memorandum of terms to receive upwards of $50 million in funding from the CHIPS and Science Act as a part of the CHIPS for America Act. As the only U.S. location, X-FAB leadership expects to add 150 jobs in Lubbock, Texas, to meet the rising demand for semiconductors both domestically and internationally.

For more than two decades, the X-FAB Lubbock facility has been a leader in semiconductor manufacturing with its expertise in producing high-quality wafers with superior performance and reliability. With its wide range of applications including automotive, industrial, and medical, X-FAB plays a critical role in maintaining the supply chain for this cutting-edge technology. 

John Osborne, CEO and President of the Lubbock Economic Development Alliance, said the awarded funds solidify X-FAB as a leader in semiconductor manufacturing and positions Lubbock as the hub for production. 

“The decision by the U.S. Department of Commerce to allocate funding to X-FAB indicates the significant role the company plays in the U.S. semiconductor manufacturing industry,” said Osborne. “Lubbock is positioned for continued growth in this sector as the production hub for one of the most in-demand technological assets in the global market.”

About LEDA
Since its inception in 2004, LEDA has assisted 249 companies with their expansion or relocation to Lubbock. These companies committed to creating 12,388 jobs and investing more than $2.2 billion in new capital improvements that have resulted in $2.0 billion in value-added impact to the Lubbock area.

About X-FAB
X-FAB is the leading analog/mixed-signal and MEMS foundry group manufacturing silicon wafers for automotive, industrial, consumer, medical and other applications. Its customers worldwide benefit from the highest quality standards, manufacturing excellence and innovative solutions by using X-FAB’s modular CMOS processes ranging in geometries from 1.0 to 0.13 microns, and its special Silicon Carbide and MEMS long-lifetime processes. X-FAB’s analog-digital integrated circuits (mixed-signal ICs), sensors and micro-electro-mechanical systems (MEMS) are manufactured at six production facilities in Germany, France, Malaysia and the U.S. X-FAB employs approx. 4,200 people worldwide. For more information, please visit www.xfab.com