NuAxiSemiconductor trade intelligence
GlobalFoundries’ gains $9.5m more in US funding for Vermont 200mm GaN-on-Si chip production
What happened
GlobalFoundries has received an additional $9.5 million in U.S. federal funding to advance GaN-on-silicon chip production at its Vermont fab. This funding is part of a broader government initiative to bolster domestic semiconductor manufacturing for critical applications like electric vehicles and power grids. Watch: This signals a long-term commitment to expanding GaN capacity, which could ease future supply constraints for this high-growth component.
Impact and signal
Medium impactImpact score: 55/100
Affected components and suppliers
GaN-on-Si Power Semiconductors
GlobalFoundries
fundingcapacity-expansiongovernment-subsidyGaN
Source and time
Source: Semiconductor Today · 12/5/2024 · View original source
Open the NuAxi live feed →
Real-time pricing, supply signals and AI analysis for semiconductor traders