Published Oct 22, 2026, 9:02 AM ET · Updated 22 days ago · 2 sources

US to award $389 million in R&D funds for power semiconductors, critical materials

reuters
reuters
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US to award $389 million in R&D funds for power semiconductors, critical materials

The US Commerce Department said on Thursday it plans to award $389 million in research and ​development funding to four companies working on ‌power semiconductor devices and critical materials, with the government receiving minority equity stakes.