US Commerce Department to Award Up to $389 Million for Power Semiconductor Development Under CHIPS Act
The US Department of Commerce announced its intention to provide up to $389 million to four companies for research and development of power semiconductors and critical materials. The funds under the CHIPS and Science Act will go to Helion, Commonwealth Fusion Systems, Vertical Semiconductor, and Sibelgo — for technologies in fusion energy, data centers, and ultra-high-purity quartz.
Javlon Tursunov