AI Matters
Why it matters
US government awards GlobalFoundries $300 million for AI chip tech
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
Federal funding for advanced packaging and optical materials aims to boost domestic manufacturing of faster, more energy-efficient AI hardware.
Latest brief · Aug 3, 2026