U.S. Department of Commerce proposes up to $389 million in funding to support chip R&D, three companies receive grants

Odaily reports that the U.S. Department of Commerce will allocate up to $389 million to support chip research and development. Vertical Semiconductor will receive up to $73 million in R&D funding. Helion will receive up to $175 million for power semiconductor R&D. Sibelco will receive up to $56 million for ultra-high-purity quartz R&D.