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Coherent, Skywater, and X-Fab to Receive CHIPS Act Funding

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WASHINGTON, D.C., Dec. 9, 2024 — The U.S. Department of Commerce has signed three separate preliminary memoranda of terms under the CHIPS and Science Act to provide up to $33 million in proposed direct funding to Coherent, up to $16 million to Skywater Technology Foundry, and up to $50 million to X-Fab. The proposed investment in Coherent would support the modernization and expansion of a state-of-the-art manufacturing cleanroom in Coherent’s existing 700,000 sq ft facility in Sherman, Texas, to establish the world’s first 150-mm indium phosphide (InP) manufacturing line by adding advanced wafer fabrication...Read full article

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    Published: December 2024
    Glossary
    indium phosphide
    Indium phosphide (InP) is a compound semiconductor material composed of indium (In) and phosphorus (P). It belongs to the III-V group of semiconductors, where elements from groups III and V of the periodic table combine to form a variety of important semiconductor materials. Indium phosphide is known for its favorable electronic and optical properties, making it widely used in the fabrication of optoelectronic devices. Key features and properties of indium phosphide include: Bandgap:...
    optoelectronics
    Optoelectronics is a branch of electronics that focuses on the study and application of devices and systems that use light and its interactions with different materials. The term "optoelectronics" is a combination of "optics" and "electronics," reflecting the interdisciplinary nature of this field. Optoelectronic devices convert electrical signals into optical signals or vice versa, making them crucial in various technologies. Some key components and applications of optoelectronics include: ...
    BusinessfundingCHIPS ActMaterialsfoundrysemiconductorsindium phosphideoptoelectronicssilicon carbideDepartment of DefenseDepartment of CommerceUnited StatesAmericas

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