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Akash allocated US CHIPS Act funding for diamond cooling technology

What happened

Akash Systems has been allocated over $68M in proposed CHIPS Act funding and tax credits to support its ramp-up of diamond cooling semiconductor technologies. The funding targets applications in AI, data centers, space, and defense markets. Neutral: This is a long-term R&D milestone for a niche thermal solution with no immediate, direct impact on mainstream semiconductor supply, pricing, or trader inventory decisions.

Impact and signal

Low impactImpact score: 12/100

Affected components and suppliers

Diamond Cooling Substrates
Akash Systems
R&Dgovernment-fundingthermal-management

Source and time

Source: Semiconductor Today · 11/14/2024 · View original source

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