GlobalFoundries to receive $300M in federal funding for silicon photonics research

The U.S. government will provide GlobalFoundries with $300 million in funding to support its silicon photonics research. The U.S. Commerce Department committed to providing the capital in a letter of intent that was announced today. As part of the transaction, the government will take a 1% stake in GlobalFoundries. The development comes two months after […] The post GlobalFoundries to receive $300M in federal funding for silicon photonics research appeared first on SiliconANGLE.