Vertical Semiconductor gets $73m CHIPS Act award for vGaN transistors
Vertical Semiconductor has received $73 million in CHIPS Act funding to advance vGaN transistor development. Under the agreement, the US Department of Commerce will hold a minority stake in the company.
Vertical Semiconductor has secured $73 million through the CHIPS Act to further work on vGaN transistors. The agreement also gives the US Department of Commerce a minority ownership position in the company. The award ties a semiconductor technology developer to a federal chip-funding program, with the stated focus on advancing transistor development. Because only the headline and summary are available, further details about the technology, timeline, or terms are not known.
The award could affect semiconductor researchers and companies working on transistor technologies, potentially accelerating development work. A government minority stake may give officials a role in the company’s direction, which could influence how the technology is commercialized. For the wider public, any eventual impact would depend on whether vGaN transistors reach products; benefits or risks are not yet established.