Feb 19, 10:06 AM

U.S. Awards $1.5 Billion to GlobalFoundries, $160M to BRIDG, and Launches $250k Grant Fund

The U.S. government has announced a series of significant financial awards under the CHIPS Act to bolster the semiconductor industry. GlobalFoundries, a key player in the semiconductor manufacturing sector, has been awarded $1.5 billion, marking a substantial investment in the domestic production of semiconductors. This grant aims to support the company's efforts in producing semiconductors that are expected to be exported globally. In addition to GlobalFoundries, the National Science Foundation (NSF) has named BRIDG at NEOcityFL a Regional Innovation Engine, awarding it up to $160 million. Furthermore, the Unique NFT chain has launched a $250k Grant Fund to support developers, including DED GAMES and @MusicMoon111, indicating a broader scope of investment in technology and innovation facilitated by the CHIPS Act. This marks the first major Chips Act grant after two smaller ones to BAE Systems & Microchip Technology.

#CHIPS Act #GlobalFoundries #National Science Foundation #NSF #NEOcityFL #Regional Innovation Engine #Unique NFT #Grant Fund #DED GAMES #Chips Act

Written with ChatGPT (GPT-4).

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U.S. Awards $1.5 Billion to GlobalFoundries, $160M to BRIDG, and Launches $250k Grant Fund

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