CHIPS and Science Act

WASHINGTON, D.C. — Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of $300 million in new federal funding for Vermont’s GlobalFoundries. This federal investment, funded through the Biden Administration’s bipartisan CHIPS and Science Act and administered by the Department of Commerce, will support GlobalFoundries’ research and development of next-generation silicon photonics wafer technologies, which have the potential to substantially increase the energy efficiency of AI and…

WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) celebrated the announcement of a $375 million investment by the Department of Commerce to support GlobalFoundries’ (GF) new quantum foundry, Quantum Technology Solutions. This federal funding was made possible by the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member…

SHERBROOKE, QC – U.S. Senator Peter Welch (D-Vt.) traveled to Sherbrooke, Québec, Canada this week for an event celebrating semiconductor innovation and collaboration between Quebec and the Northeastern United States. Senator Welch joined the ribbon cutting for an expansion of the Interdisciplinary Institute for Technological…

Vermont GaN Tech Hub consortium is one of six Tech Hubs to receive new funding WASHINGTON, D.C. — U.S. Senator Peter Welch (D-Vt.) today celebrated a new $23 million investment in the University of Vermont’s Tech Hub, which boosts research, advances manufacturing and expands cutting-edge…

WASHINGTON, D.C. –Today, U.S. Senator Peter Welch (D-Vt.) celebrated the Department of Commerce’s announcement finalizing $1.5 billion in direct funding to GlobalFoundries (GF) from the bipartisan CHIPS and Science Act, which Sen. Welch helped pass as a member of the House. The funds will expand…