CHIPS Act

The Department of Commerce announced an $85 million CHIPS Act award to Commonwealth Fusion Systems for semiconductor R&D and manufacturing tied to fusion power plants. Separate letters of intent outline up to $389 million in planned awards to four companies; these are not completed awards or open solicitations, but may signal downstream demand for power semiconductors and critical materials.

The Department of Commerce made a $500 million CHIPS award to SandboxAQ for work addressing materials challenges in semiconductor manufacturing. The sponsored article highlights potential needs in PFAS-free process chemicals, catalysts, rare-earth-free magnets, battery systems, and AI-enabled materials discovery, but identifies no open solicitation or immediate contractor action.

The U.S. Department of Commerce has awarded a $1 billion contract to Anderon to enhance domestic quantum wafer manufacturing, matching IBM’s investment. This procurement signals a significant federal commitment to bolster the U.S. quantum technology supply chain, promoting public-private partnerships in the industry.

The U.S. semiconductor CVD equipment market is expected to grow at a compound annual growth rate of 6-8% from 2026 to 2035. This expansion, fueled by CHIPS Act initiatives, highlights new procurement opportunities for fabrication plants while posing challenges such as extended lead times and export control compliance.

TTM Technologies inaugurates a new $130 million manufacturing facility in DeWitt, New York. This expansion, bolstered by a $30 million DoD grant, aims to enhance defense microelectronics capabilities and create up to 400 jobs, presenting significant opportunities for contractors in the advanced manufacturing sector.

The U.S. Department of Commerce has awarded a **$1 billion** contract to **IBM** to establish the nation’s first dedicated quantum chip foundry in Albany, NY. This significant investment, under the **CHIPS Act**, promotes U.S. leadership in quantum technology and semiconductor innovation, with implications for suppliers in the tech sector.