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[HARDWARE]■ STORY TIMELINE

US AWARDS GLOBALFOUNDRIES $300M FOR AI CHIP R&D

GlobalFoundries will receive $300 million in CHIPS Act funding from the U.S. government to advance silicon photonics research. The investment aims to develop more efficient semiconductor technology for AI data centers.

2 SOURCESFIRST SEEN JUL 29, 01:05 PM► READ THE ARTICLE
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Reuters: GlobalFoundries says the US plans to award it $300M in CHIPS Act funding to bolster R&D of silicon photonics te…

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Miranda Nazzaro / The Hill: The Commerce Dept. signed letters of intent for $874M in CHIPS Act funding in exchange for m…