Bosch invests $1.5B to acquire TSI Semiconductors and expand EV chip output.
Bosch has agreed to acquire key assets of TSI Semiconductors and invest $1.5 billion to expand US production of silicon carbide chips for electric vehicles. The TSI facility will become the "third pillar" of in-house semiconductor production, along with two sites in Germany. Bosch plans to retool TSI's chip production facilities in Roseville, California to start producing silicon carbide chips by 2026. The investment will be heavily dependent on federal funding opportunities through the CHIPS act as well as state subsidies.
