US provides $18.2M to Akash Systems for semiconductor manufacturing in California.

The US Commerce Department will provide up to $18.2 million in subsidies to Akash Systems for building a 40,000-square-foot cleanroom in California to manufacture advanced semiconductors. This funding, part of a $52.7 billion program, will support a $121 million project focused on producing Diamond Cooling substrates and devices to enhance thermal management in AI data centers. The project also includes labor agreements with the IUE-CWA workers union.

November 13, 2024
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