ALMUAeluma Inc. Common Stock
14.77USD-4.34%Mkt Cap: 270.37M $P/E: —3d ago
Aeluma, Inc. develops optoelectronic and electronic devices for sensing, communication, and computing applications in the United States. The company produces semiconductor materials and chips using compound semiconductor…
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 US signs letters of intent worth $874 million to boost semiconductor research July 30 (Reuters) - The U.S. Department of Commerce said on Thursday it has signed letters of intent to provide $874 million in incentives to seven companies developing semiconductor technologies for AI and advanced computing systems. The funding, to be issued under the CHIPS and Science Act, is part of a broader U.S. effort to strengthen domestic semiconductor production and reduce dependence on foreign suppliers. | ||