search
silicon photonics
Trends
- 1Commerce Department shifts $955 million of GlobalFoundries CHIPS award to photonics and packaging▼Department of Commerce Announces Agreement with GlobalFoundries to Amend Its Existing CHIPS Program Award and Reallocate $955 Million to Accelerate Investments in Silicon Photonics, Silicon-Germanium, and Advanced Packaging
The Department of Commerce has announced an amended agreement with GlobalFoundries under the CHIPS Program, reallocating $955 million of the company's existing award. The redirected funds are intended to speed up investments in silicon photonics, silicon-germanium, and advanced packaging technologies. The move adjusts the focus of US semiconductor subsidy support toward emerging chip technologies rather than traditional fabrication capacity alone.
- 2GlobalFoundries Gets $300 Million Boost From CHIPS Award●GlobalFoundries Gets $300M CHIPS Award Boost From Trump Administration — NVDA's Jensen Huang Calls Silicon Photonics 'Essential' To AI Future
GlobalFoundries has received an additional $300 million under the US CHIPS Act from the Trump administration, strengthening federal support for domestic chip manufacturing. The news coincided with Nvidia CEO Jensen Huang calling silicon photonics 'essential' to the future of AI, drawing attention to the technology's role in data center networking and highlighting increased government and industry momentum behind American semiconductor production.