Pa. invests in Bethlehem startup pushing boundaries of semiconductor technology
Pennsylvania is investing nearly $1.74 million in a Bethlehem-based tech startup company that is pushing the boundaries of semiconductor efficiency...
Pennsylvania is investing nearly $1.74 million in a Bethlehem-based tech startup company that is pushing the boundaries of semiconductor efficiency.iDEAL Semiconductor in the Ben Franklin TechVentures business incubator has committed to investing $3.4 million in the state-backed expansion, creating 63 new jobs and retaining its existing jobs over the next three years.Pennsylvania Department of Community and Economic Development Acting Secretary Neil Weaver visited the TechVentures complex on Lehigh University's Mountaintop Campus to announce the state funding just weeks after President Joe Biden signed the CHIPS and Science Act that sets aside $52 billion to bolster the nation's semiconductor industry.