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Quantum Global Technologies Secures $3M State Grant for $43M Austin Expansion

· Texas Border Business

Quantum Global Technologies, LLC (QGT) has received a $3,074,255 grant from the Texas Semiconductor Innovation Fund (TSIF) for a new facility in Austin. This expansion, which represents an investment of over $43 million, is expected to create 287 jobs. Governor Abbott emphasized Texas as a hub for semiconductor innovation, stating that this investment will enhance the domestic supply chain for advanced chip manufacturing. QGT, a subsidiary of Ultra Clean Holdings, Inc., specializes in cleaning and analyzing semiconductor parts. The facility will be the first in North America to service tools for producing 2nm chips.

AI summary · Source: Texas Border Business

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