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PROPERTY AND EQUIPMENT
 6 Months Ended
Mar. 29, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment consists of the following (in thousands):
March 29,
2024		September 29,
2023
Construction in process$9,658 $10,256 
Machinery and equipment278,937 238,037 
Leasehold improvements38,292 35,342 
Furniture and fixtures2,967 2,888 
Computer equipment and software19,812 18,824 
Finance lease assets64,845 64,126 
Total property and equipment414,511 369,473 
Less accumulated depreciation and amortization(234,282)(219,977)
Property and equipment, net$180,229 $149,496 
In August 2022, the U.S. government enacted the CHIPS and Science Act of 2022 (CHIPS Act), which provides funding for manufacturing grants and research investments and establishes a 25% investment tax credit for certain qualifying investments in U.S. semiconductor manufacturing equipment. As of March 29, 2024, we recognized $3.6 million in Prepaid and other current assets with a corresponding reduction to the carrying amounts of the qualifying manufacturing assets in the condensed consolidated balance sheet.
Depreciation and amortization expense related to property and equipment for the three and six months ended March 29, 2024 was $7.8 million and $14.3 million, respectively. Depreciation and amortization expense related to property and equipment for the three and six months ended March 31, 2023 was $5.8 million and $11.8 million, respectively. Accumulated amortization on finance lease assets as of March 29, 2024 and September 29, 2023 was $9.0 million and $7.8 million, respectively.