GlobalFoundries signs letter of intent with the U.S. Department of Commerce for a $300 million award to accelerate U.S. silicon photonics leadership
View original at globenewswire.comGlobalFoundries signs letter of intent with the U.S. Department of Commerce for a $300 million award to accelerate U.S. silicon photonics leadership MALTA, N.Y., July 29, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) today announced it has entered into a letter of intent (LOI) with the U.S…
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With today's compute supply chain investments, the Trump Administration is accelerating America's innovation engine. These strategic investments will enhance our country's domestic capabilities, create high-paying jobs and keep America at the forefront of the semiconductor industry.
60% confidenceSilicon photonics has the potential to play an important role in supporting next-generation AI platforms by helping address growing bandwidth and connectivity demands.
60% confidenceRebuilding U.S. supply chains is critical to the new industrial revolution; silicon photonics is essential to that future and GF brings manufacturing expertise to make it real in the United States.
60% confidenceThe bottleneck in AI infrastructure is shifting from compute to connectivity; Marvell welcomes continued U.S.-based R&D investment to accelerate the transition to near-packaged and co-packaged optics.
60% confidenceAI is driving unprecedented demand for optical connectivity; GF's investments, combined with U.S. government support, help accelerate an open path to next-generation optical interconnect.
60% confidenceThe next generation of AI infrastructure will require significant advances in networking, optical interconnects and data movement; Microsoft welcomes industrywide investments that accelerate innovation.
60% confidenceAdvances in silicon photonics and optical interconnects will be critical to enabling the bandwidth, performance and energy efficiency future AI systems require; GF's investment strengthens the foundation for future AI networking.
60% confidenceSilicon photonics and advanced packaging will be key to delivering the bandwidth, energy efficiency, and system-level connectivity required for next-generation AI cluster infrastructure; AMD welcomes GF's continued U.S.-based investment.
60% confidenceThe rapid growth of AI is driving unprecedented bandwidth demands, making optical connectivity essential to next-generation data centers; GF's investment strengthens the U.S. innovation and manufacturing base.
60% confidenceGF is building on its qualified portfolio of photonic devices, 3D hybrid bonding and advanced packaging expertise to bring near-packaged and co-packaged optics to high volume on a U.S.-based path.
60% confidenceSilicon photonics technologies will play a critical role in future generations of Meta's AI infrastructure, and investing in U.S. manufacturing capacity is crucial to a multi-supplier, geographically diverse ecosystem.
60% confidenceSilicon photonics is essential to AI infrastructure and GlobalFoundries has the manufacturing foundation to scale the transition from copper to optical in the United States, deepening its partnership with the U.S. Government and the CHIPS R&D Office.
60% confidenceThe CHIPS R&D incentives will support a breakthrough in compute and communication networks moving past traditional copper bottlenecking to power next-generation AI. Accelerating R&D for domestic photonics capabilities and advanced packaging provides American industry the extreme bandwidth and energy efficiency to scale complex AI workloads securely and rapidly.
60% confidenceAdvances in optical interconnects, silicon photonics and advanced packaging will be critical to enabling next-generation AI architectures; GF's announcement strengthens the innovation ecosystem.
60% confidence