U.S. Subsidy for Akash's cleanroom expansion
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semiconductor production workersReuters
•US to award Akash Systems up to $18.2 million for chips production
83% Informative
U.S. Commerce Department agrees to provide up to $18.2 million in government subsidy funding to Akash Systems .
Funding will support construction of a 40,000-square-foot cleanroom space for advanced semiconductor manufacturing.
Akash is utilizing its " Diamond Cooling " technology to improve thermal management with AI -focused data centers.
Commerce Department has awarded around 20 companies about $36 billion in preliminary agreements.
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