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 has awarded GlobalFoundries $300 million to support next-generation photonics and advanced packaging for AI infrastructure.
Why it matters
The funding will boost domestic manufacturing of advanced packaging and optical materials, helping secure the supply chain for AI hardware.
Latest brief · Oct 19, 2026