Everspin hopes to get US government support to expand its 200 mm MRAM production capacity
Everspin Technologies announced that it has applied for the CHIPS Incentives Program, asing for funding for an additional 200mm MRAM production line. Everspin says the new funding will help it increase its long-term R&D IP capability.
In November 2022, Everspin asked for funding to build a new MRAM production line in Indiana.