Announcement
16 Jun 2026
In June 2026, the United States Department of Commerce announced a letter of intent to provide up to USD 50 million in direct funding to Coherent Corp to expand indium phosphide semiconductor manufacturing.
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1 likely harmful
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Announced: 16 Jun 2026
Financial grant
Recent update from 17 Jun 2026:
On 16 June 2026, the United States Department of Commerce signed a non-binding letter of intent to provide up to USD 50 million in direct funding to Coherent Corp under the CHIPS and Science Act. T...
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