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Commerce Dept. Plans Equity Stakes in 4 Companies Under $389M CHIPS R&D Proposal

US plans equity stakes under $389m CHIPS R&D programme for data centre technology

By GPU Data Hub Desk · GPU Data Hub·Editorial standards··United States
Commerce Dept. Plans Equity Stakes in 4 Companies Under $389M CHIPS R&D Proposal

The US Department of Commerce has issued letters of intent to allocate up to $389 million in federal research subsidies across four enterprises, with the government intending to take equity positions. Distributed through the CHIPS R&D Office, the capital aims to accelerate domestic development of semiconductor materials vital to data centres and energy networks.

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This summary was written by the GPU Data Hub desk from reporting published by HPCwire on 23 Oct 2026, 19:22. Read the full article at the original publisher.

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