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Excelitas Technologies Corp. - X-Cite Vitae LB 11/24

Coherent Secures $15M in CHIPS Funding: Week in Brief: 4/12/24

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PITTSBURGH, April 12, 2024 — Coherent Corp. has secured $15 million in funding from the CHIPS and Science Act to accelerate the commercialization of next-generation wide- and ultrawide-bandgap semiconductors, specifically silicon carbide and single-crystal diamond. The funding will be distributed through the Commercial Leap Ahead for Wide-Bandgap Semiconductors Hub, which the company is a member of, led by North Carolina State University. Coherent’s CHIPS funding will go toward advancing wide- and ultrawide-bandgap semiconductors. Courtesy of Coherent. PHOENIX — Semiconductor manufacturer TSMC Arizona...Read full article

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