NuAxiSemiconductor trade intelligence
Infinera allocated $93m of proposed US CHIPS Act funding
What happened
The U.S. Department of Commerce has proposed up to $93 million in direct CHIPS Act funding for Infinera Corp, a manufacturer of optical networking systems and semiconductors, which could total over $200 million with tax credits. This funding is part of the U.S. government's strategy to bolster domestic semiconductor manufacturing and supply chain resilience. Watch: This policy support may strengthen Infinera's competitive position and capacity in optical components, but the direct impact on near-term market prices and supply is indirect and uncertain.
Impact and signal
Medium impactImpact score: 45/100
Affected components and suppliers
Optical SemiconductorsOptical Networking Systems
Infinera Corp
chips-actsubsidypolicymanufacturing
Source and time
Source: Semiconductor Today · 10/17/2024 · View original source
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