NuAxiSemiconductor trade intelligence
Coherent, SkyWater and X-Fab all agree preliminary terms for US CHIPS Act funding
What happened
The U.S. Department of Commerce has signed preliminary funding terms with Coherent, SkyWater, and X-FAB under the CHIPS Act, proposing direct grants for specific semiconductor manufacturing projects. This move is part of a broader U.S. strategy to bolster domestic production capacity in key compound semiconductor and specialty foundry segments. Watch: The subsidies are likely to accelerate long-term capacity additions for SiC, GaN, and specialty nodes, potentially easing future supply constraints but having no immediate price impact.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
SiC Power DevicesGaN RF DevicesPhotonicsASICs
Coherent Corp.SkyWater TechnologyX-FAB Silicon Foundries
CHIPS Actsubsidycapacity-expansionUS-manufacturing
Source and time
Source: Semiconductor Today · 12/9/2024 · View original source
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