26x
more concentrated
semiconductor growth capital
than U.S. average

2.14x
applied chemistry
research production
than U.S. average

Intel, Micron, AMD & Solidigm
have hubs in the region

Source: Brookings 2024

Greater Sacramento’s semiconductor industry is anchored by solid-state memory applications and products R&D. The world’s leading memory chip manufacturers have R&D operations here, including AMD, Bosch, Samsung and Micron.

A global solid-state memory R&D cluster

Global semiconductor leaders are clustering in Greater Sacramento. Intel established its campus there in 1984 where it now employs close to 6,000. Multiple semiconductor companies have spun out of the Intel campus, including Blaize y Solidigm. Solidigm, now a subsidiary of SK hynix, hosts its global HQ and R&D campus within the region. In 2023, Bosch announced a $1.5 billion investment in the region to manufacture chips for electric vehicles. 

Companies come to the area for its incentive opportunities and affordable, reliable power – SMUD rates are 31% lower than those California’s investor-owned utilities.

Greater Sacramento semiconductor industry

Semiconductor success stories

TSI Semiconductors

Bosch

Bosch plans to acquire assets of Greater Sacramento-based chipmaker TSI Semiconductors. It will invest $1.5B in the facility, creating its first chip manufacturing facility in the United States and its third in the world. The first chips will be produced in 2026 and used primarily in global electric vehicle production.

intel folsom

Intel

Intel established its Folsom campus in 1984 where it now employs close to 5,000. The campus is a center of excellence for graphics, chipsets and solid-state drivers.

intel folsom

Micron

Micron employs 250 at its Embedded Business Unit in Greater Sacramento, which is essentially headquartered here. The unit delivers innovative memory and storage semiconductor solutions in automotive, industrial and certain consumer applications.

Solidigm

Solidigm, an Intel spinout and subsidiary of SK hynix, Inc., is a leading global provider of NAND flash memory solutions. When it opens in 2023, its 230K-sq-ft global HQ and R&D campus in Rancho Cordova will employ 1,900 and create up to $1.2 billion in annual economic impact.

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