Bosch buys U.S. semiconductor operation to expand EV chip output
California factory will be beefed up to produce chips for EVsDETROIT — Germany's Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5 billion to expand U.S. production of silicon carbide chips forBosch and TSI did not disclose a purchase price. Bosch said it plans to invest $1.5 billion to retool TSI's chip production facilities in Roseville, California, to start producing silicon carbide chips by 2026.
Bosch said the TSI facility would become the"third pillar" of in-house semiconductor production, along with two sites in Germany.
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