AI Matters
Why it matters
US awards GlobalFoundries $300 million for AI chip infrastructure
AI Business US Commerce Department Awards GlobalFoundries $300M for Photonics
The US Commerce Department awarded GlobalFoundries $300 million to support next-generation photonics and advanced packaging for AI infrastructure.
Why it matters
This funding boosts domestic manufacturing of advanced optical materials, which are critical for speeding up data transmission in AI data centers.
Latest brief · Aug 3, 2026