Uncle Sam sees the light, offers GlobalFoundries $300M to pursue silicon photonics while taking 1% stake
PUBLIC SECTOR
Meanwhile, the other state-backed foundry, Intel, wraps up RAMP-C defense test chip program
The US government has signed a letter of intent to provide GlobalFoundries with $300 million in CHIPS Act funding and, at the same time, receive a one percent stake in the company worth roughly $269 million. The money's supposedly not a tit-for-tat, but an investment designed to spur development of silicon photonics networking technologies that the AI industry needs for datacenters.
“With today’s compute supply chain investments, the Trump Administration is accelerating America’s innovation engine,” Commerce Secretary Howard Lutnick said in a canned statement. “These strategic investments will enhance our country’s domestic capabilities, create high-paying jobs and keep America at the forefront of the semiconductor industry.”
GlobalFoundries’ previously announced Silicon Photonics Co-Packaged Advanced Light Engine (SCALE) is one of the technologies it’s pushing in order to support 400 Gb/s per lane connectivity, which is...
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