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US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials - The Economic Times
America is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will develop new chemicals and materials for making computer chips right here in America. The goal is to reduce reliance on foreign supplies for crucial components.
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morningstar.com
SandboxAQ Signs Definitive Agreement with the U.S. Department of Commerce for $500 Million CHIPS R&D Award
SandboxAQ Signs Definitive Agreement with the U.S. Department of Commerce for $500 Million CHIPS R&D Award
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thenextweb.com
SandboxAQ wins $500M US award to find chip materials
The US Commerce Department awarded Nvidia-backed SandboxAQ $500M under the CHIPS Act to invent PFAS-free, rare-earth-free chip materials, taking an equity stake.
