U.S. Department of Commerce Proposes $2 Billion CHIPS Investment Across Nine Quantum Hardware and Foundry Developers

The U.S. Department of Commerce has signed nine non-binding letters of intent (LOIs) to allocate $2.013 billion in federal incentives under the CHIPS and Science Act. Administered by the CHIPS Research and Development Office, the capital injection establishes a national portfolio targeting advanced manufacturing, sovereign microelectronics innovation, and hardware optimization. The overarching strategic mandate seeks […]

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