✉news TechnologySemiconductors first seen 5 h ago, last 1 h ago, peak #19
GlobalFoundries Gets $300 Million CHIPS Award Boost
Original: GlobalFoundries Gets $300M CHIPS Award Boost From Trump Administration — NVDA's Jensen Huang Calls Silicon Photonics 'Essential' To AI Future
The Trump administration has increased its CHIPS Act award to GlobalFoundries by $300 million, adding to federal support for US-based chip manufacturing. The news came alongside comments from Nvidia CEO Jensen Huang, who described silicon photonics as 'essential' to the future of artificial intelligence, linking advanced optical technology to the next generation of AI data center hardware.
Why now: Federal chip funding and Jensen Huang's comments on silicon photonics both matter to investors watching the AI semiconductor supply chain.
GlobalFoundriesTrump administrationNvidiaJensen Huang
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