GlobalFoundries Receives $300 Million U.S. Grant for Silicon Photonics Development

GlobalFoundries has secured a $300 million award from the U.S. Department of Commerce to accelerate research and development in next-generation silicon photonics. This funding aims to bolster U.S. leadership in the critical optical technology essential for powering advanced AI and high-performance computing data centers. The investment underscores the strategic importance of this semiconductor area.