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Find similar grantsCHIPS and Science Act Funding (Coherent Corp. Letter of Intent) is sponsored by U.S. Department of Commerce. This opportunity supports mission-aligned projects and measurable outcomes.
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The Department of Commerce’s CHIPS Program Announces a Letter of Intent with Coherent for up to $50 Million to Expand Indium Phosphide Production | NIST https://www. nist.
gov/news-events/news/2026/06/department-commerces-chips-program-announces-letter-intent-coherent-50 The Department of Commerce’s CHIPS Program Announces a Letter of Intent with Coherent for up to $50 Million to Expand Indium Phosphide Production The proposed CHIPS funds would accelerate the expansion of the largest indium phosphide wafer manufacturing facility in the world WASHINGTON, D. C.
– The Department of Commerce’s CHIPS Program Office announced the signing of a letter of intent to provide up to $50 million in direct funding to Coherent Corp. (Coherent) under the CHIPS and Science Act. Coherent is a global photonics leader, driving innovation and growth, with its technology used in datacenters, communications, and industrial markets.
The proposed funding will support the expansion of the company’s world-leading facility in Sherman, Texas, the first and largest high-volume 150mm (6-inch) Indium Phosphide (InP) semiconductor manufacturing facility. InP-based photonic devices enable the high-speed optical interconnects that move data between processors, memory, and systems inside the world’s most advanced AI data centers.
As AI workloads continue to scale, these technologies are becoming increasingly critical to overcoming data movement bottlenecks and enabling higher-performance, more energy-efficient computing architectures. The expansion will add advanced wafer fabrication equipment and cleanroom capacity to increase production of InP-based photonic devices at scale.
Additionally, it would create high-skilled manufacturing jobs in Sherman and bolster the domestic supply chain for critical photonics technologies. “Indium phosphide photonics are essential for enabling high speed data transmission within AI systems, telecommunications, and advanced networks,” said Bill Frauenhofer, Executive Director for Semiconductor Investment and Innovation at the Department of Commerce.
“The CHIPS incentives will expand production capability, strengthen the U.S. semiconductor supply chain, and accelerate the next generation of critical optical technologies. ” Click here to download the PDF version of this press release.
Advanced communications , Artificial intelligence , Electronics , Semiconductors , Information technology , Manufacturing , Supply chain , Materials , Metrology , Nanotechnology , Nanofabrication / manufacturing and Standards
According to the current listing, eligibility includes: Eligibility for future CHIPS Act manufacturing incentives would typically include companies involved in semiconductor and advanced manufacturing, particularly those focused on critical technologies like photonics. Confirm the full requirements in the official notice before applying.
CHIPS and Science Act Funding (Coherent Corp. Letter of Intent) is funded by U.S. Department of Commerce. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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