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Thursday, October 22, 2026Updated 15:38 UTC

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Vertical Semiconductor Signs Letter of Intent with U.S. Department of Commerce for $73 Million in CHIPS Funding to Accelerate R&D of Vertical GaN Power Transistors

Source: Business Wire · Oct 22, 2026 13:01 UTC

Close-up of a silicon wafer with rainbow reflections from its etched chips — File photo naotakem / Flickr · CC BY 2.0 · Source

The Quick Take

BOSTON--(BUSINESS WIRE)--Vertical Semiconductor signed an LOI for up to $73 million with the U.S. Department of Commerce to accelerate R&D of vertical GaN power transistors.

Read the full story at Business Wire

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