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US CHIPS Incentives Program awards finalized for Corning, Edwards Vacuum and Infinera

What happened

The U.S. CHIPS Act program finalized direct funding awards of up to $32M for Corning, $18M for Edwards Vacuum, and $93M for Infinera. This funding supports the domestic supply chain for critical semiconductor manufacturing materials and equipment. Watch: This policy support strengthens U.S. equipment and component suppliers, potentially altering long-term procurement strategies and supply chain dependencies.

Impact and signal

Medium impactImpact score: 45/100

Affected components and suppliers

Semiconductor Manufacturing EquipmentOptical ComponentsVacuum Pumps
Corning IncorporatedEdwards VacuumInfinera Corporation
CHIPS Actsubsidysupply-chainUS policy

Source and time

Source: Semiconductor Today · 1/20/2025 · View original source

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