AI Matters
Why it matters
US awards GlobalFoundries $300 million to boost AI chip manufacturing
AI Business US Commerce Department Awards GlobalFoundries $300M for Photonics
The US Commerce Department awarded GlobalFoundries $300 million to support the development of next-generation photonics and advanced packaging for AI infrastructure.
Why it matters
Federal funding for advanced optical materials and packaging will help secure the hardware supply chain needed to run next-generation AI systems.
Latest brief · Aug 3, 2026