Taiwan’s GlobalWafers To Get $400 Million From CHIPS Act

Taiwanese chipmaker GlobalWafers is set to receive $400 million in funding from the CHIPS Act to beef up production capacity in the U.S., including for semiconductors used in aerospace and defense.

Credit: dan74 / Alamy Stock Photo
Taiwan’s GlobalWafers will be awarded up to $400 million to boost advanced semiconductor silicon wafer production in the U.S., including for aerospace and defense applications, the Department of Commerce says. The announcement was made July 17. Silicon is a foundational material in semiconductor...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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