A crowd of Polar Semiconductor employees leapt to their feet at the company’s Bloomington headquarters Monday morning, giving a standing ovation to President Surya Iyer and the $120 million of ...

Polar Semiconductor, a Minnesota-based manufacturer of sensor and power semiconductors, is the first company to be awarded under the CHIPS program, ahead of several other prospective recipients ...

The Biden administration has finalized its first binding award under the Chips and Science Act: a $123 million grant to Polar Semiconductor that officials say could double the company’s US ...

Those expansion plans come after the awarding of $123 million in federal funds, as part of the CHIPS and Science Act — an initiative to bring microchip manufacturing back to the U.S.

Polar Semiconductor is set to receive a $120 million U.S. government grant to expand its plant in Minnesota, which will allow the company to double its U.S. production capacity of sensor and power ...

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Polar Semiconductor (“Polar” or the “Company”), the only U.S.-based manufacturer specializing in sensor, power, and high-voltage semiconductors, today ...

BLOOMINGTON, Minn. — A Minnesota semiconductor manufacturer will receive $123 million in federal funds to expand and modernize its facility in Bloomington. U.S. Senator Amy Klobuchar (D-MN ...

BLOOMINGTON, Minn., January 15, 2025--Polar Semiconductor ("Polar"), the only U.S.-owned merchant foundry specializing in sensor, power and high-voltage semiconductors, announced that it has ...

With backing from the Bloomington City Council, Polar Semiconductor is one step closer to getting a piece of the $280 billion CHIPS and Science Act as the city works to boost manufacturing and ...

Polar Semiconductor Inc. planning MN expansion with help from CHIP Act The Bloomington company could add more than 50% capacity by next year. Building won't be a problem, but hiring could be.