GlobalFoundries Secures Up To $375M CHIPS Award To Accelerate U.S. Quantum Semiconductor Manufacturing
GlobalFoundries (NASDAQ:GFS) (GF) today announced it has finalized a definitive agreement with the U.S. Department of Commerce’s CHIPS Research and Development Office for a $375 million award for research and
The U.S. government is giving GlobalFoundries $375 million to help build super-powerful quantum computer chips in America. This shows the company is working on cutting-edge technology and has government support, which could help it grow.
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