Department of Commerce Announces Agreement with GlobalFoundries to Amend Its Existing CHIPS Program Award and Reallocate $955 Million to Accelerate Investments in Silicon Photonics
· By Antonio Sedino, CTRO · Published by Reinventy Solutions Corp.
Commerce amended GlobalFoundries' CHIPS award, reallocating up to $955 million to accelerate silicon photonics investments.
The Department of Commerce amended the GlobalFoundries CHIPS award to reallocate up to $955 million for silicon photonics investments. Why it matters: For Advanced Materials, the source defines what should be monitored, while its stated evidence and qualification limits remain the boundary of the conclusion.