✉news TechnologySemiconductors first seen 1 d ago, last 9 h ago, peak #7
Vertical Semiconductor to receive $73 million in CHIPS funding
Original: $73m CHIPS funding for Vertical Semiconductor
Vertical Semiconductor has been awarded $73 million in federal CHIPS Act funding to support its semiconductor operations. The award forms part of the wider US government push to strengthen domestic chip manufacturing and reduce reliance on overseas supply chains. Industry outlet Compound Semiconductor reported the announcement, drawing attention from observers tracking how CHIPS money is being distributed across smaller chipmakers.
Why now: It is a new CHIPS Act funding announcement amid ongoing US efforts to boost domestic chip production.
Vertical SemiconductorCHIPS ActUnited StatesCompound Semiconductor
Evidence
- $73m CHIPS funding for Vertical Semiconductor · Compound Semiconductor
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