We invested 200 million in Octric semiconductors in his constituency last year.

In 2025 the MoD announced up to £200 million of investment in Octric Semiconductors, the Newton Aycliffe (County Durham) compound-semiconductor fab nationalised in 2024, as part of a 10-year programme. The £200m figure matches, though it is a defence/MoD investment rather than a generic government one.

▸ Compound Semiconductor — MoD to put £200m into UK compound semi fab

Checked Wed 1 Jul, 09:57 · Broadcast: PMQs: Prime Minister's Questions - 4 February 2026

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