Analog Devices, Inc. is set to receive up to $105 million in funding under the CHIPS and Science Act to expand and modernize its semiconductor manufacturing facilities in Beaverton, Oregon; Camas, Washington; and Chelmsford, Massachusetts. This investment, announced by the U.S. Commerce Department, is part of a broader federal initiative to revitalize domestic semiconductor production and is expected to create 500 new jobs across all three sites.

The Beaverton plant will see the most significant upgrades, with plans to increase operations by 70%, focusing on "front-end mature node semiconductor manufacturing" for applications in automotive, industrial, and defense sectors. The funding will also enable the company to adopt environmentally friendly manufacturing practices, strengthen local workforce training, and expand partnerships with universities and community colleges to support the Silicon Forest ecosystem.

This expansion builds on Analog Devices' previous $1 billion investment in Beaverton, which was completed in 2024. The site currently employs approximately 950 people, with global operations totaling 24,000 employees.

Analog Devices' funding is part of a larger effort under the CHIPS Act, which has already allocated $1.9 billion to Intel in Hillsboro, $72 million to Microchip Technologies in Gresham, and $53 million to HP in Corvallis. Nationally, other recipients include Coherent in Pennsylvania, IntelliEPI in Texas, and Sumika in Texas, bringing the total announced investment to $246 million. This initiative reflects a federal push to enhance U.S. technological leadership and semiconductor manufacturing capacity.