US Commerce awards $389M in chip grants tied to AI data centers and fusion
- —Grants under the CHIPS Act come with non-controlling, non-voting federal equity stakes
- —Helion receives up to $175 million for high-voltage power semiconductors and energy modules
- —Vertical Semiconductor gets $73 million for gallium nitride chips aimed at 2.5 MW AI racks
- —Bitcoin miners pivoting to AI hosting could become buyers of cheaper fusion power
Why it matters: Cheaper power and more efficient conversion chips cut the largest cost line for both miners and AI data centers, accelerating the industry's shift into HPC hosting.
Source: Cryptopolitan