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GlobalFoundries Signs Letter of Intent with the US Department of Commerce for a $300 Million Award to Accelerate US Silicon Photonics Leadership

1 week 1 day ago
GlobalFoundries announced it has entered into a letter of intent (LOI) with the U.S. Department of Commerce to accelerate research and development of next-generation silicon photonics — the optical technology that moves data at the speed of light and underpins the AI and high performance computing data centers driving the global economy.