Uncle Sam sees the light, offers GlobalFoundries $300M to pursue… | HappeningNow.news

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Uncle Sam sees the light, offers GlobalFoundries $300M to pursue silicon photonics while taking 1% stake

Meanwhile, the other state-backed foundry, Intel, wraps up RAMP-C defense test chip program

Source AI Summary Published July 29, 2026 Brief Under 1 min brief
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The US government has made a significant investment in GlobalFoundries, a semiconductor manufacturer, by offering $300 million in funding to pursue the development of silicon photonics.

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