Chip, Chip Hooray! VP Harris Hails New $4 Billion Silicon Valley High-Tech Manufacturing Plant
Highlighting the Bay Area’s continuing tech and innovation dominance, Vice President Kamala Harris this week (May 22) traveled to Silicon Valley to herald the construction of what will become the world’s largest semiconductor tool-making and research facility in Silicon Valley. Bay Area Council SVP Matt Regan attended a ceremony showcasing the site where industry leader Applied Materials will build its new facility in Sunnyvale. The Council was a strong advocate for the 2022 CHIPS and Science Act legislation that Harris said was instrumental in providing key financial incentives that convinced Applied Materials to invest in the facility.
The new facility, which is expected to open in 2026, will employ up to 1,500 construction workers and create 2,000 new engineering jobs, in addition to potentially thousands more in related industries. The final scope of the project depends on how much Applied Materials is ultimately awarded through the CHIPS Act, but the facility will undoubtedly be an asset to the nation’s domestic supply chain. Chip chip hooray!