The Department of Commerce’s CHIPS Program Announces a Letter of Intent with Coherent for up to $50 Million to Expand Indium Phosphide Production

NIST AI News US Published: 2026-06-16 12:00:00

The Department of Commerce’s CHIPS Program Office announced the signing of a letter of intent to provide up to $50 million in direct funding to Coherent Corp. (Coherent) under the CHIPS and Science Ac…

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