Jul. 30 at 6:58 PM
$ALMU The U.S. Department of Commerce said it has signed letters of intent to provide
$874 mil to seven companies developing semiconductor technologies for AI and advanced computing systems.
Here are some details:
GlobalFoundries GFS.O will receive up to
$300 million for the development of co-packaged optics, which combine light-based data transfer with AI processors for faster computing.
Kepler was allotted up to
$245 million for new AI memory technology, while Multibeam Corporation will get up to
$140 million for advanced chip-packaging equipment.
Extropic, Thintronics, OBSIDIA Semiconductors and Aeluma will receive amounts ranging from
$30 million to
$75 million, for projects ranging from lower-power computing technologies and advanced chip materials to systems that detect counterfeit
