Bosch plans to acquire TSI Semiconductors, invest $1.5 billion to expand US output

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M&A

The SiC chips that Bosch announced it will manufacture at the TSI Roseville, Calif., location are in high demand among EV makers

Germany's Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5 billion to expand US production of Silicon Carbide (SiC) chips for electric vehicles (EVs), according to a report published by Reuters on April 26.

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