Vertical Semiconductor Receives $73 Million CHIPS Act Funding for AI/HPC Power Transistors

Vertical Semiconductor, an MIT spin-out, has been awarded up to $73 million under the US CHIPS and Science Act. This funding aims to accelerate the research and development of vertical gallium nitride (GaN) power transistors. The initiative seeks to boost domestic production and strengthen the USA's power infrastructure for artificial intelligence (AI) and high-performance computing (HPC), driving efficiency and power density in AI data centers.