News

GlobalFoundries to receive $300M in federal funding for silicon photonics research

  • Maria Deutscher--SiliconANGLE News
  • published date: 2026-07-29 21:00:21 UTC

The U.S. government will provide GlobalFoundries with $300 million in funding to support its silicon photonics research. The U.S. Commerce Department committed to providing the capital in a letter of intent that was announced today. As part of the transaction…

The U.S. government will provide GlobalFoundries with $300 million in funding to support its silicon photonics research. The U.S. Commerce Department committed to providing the capital in a letter o… [+5075 chars]