Wed. 10 Apr 2024, 6:03am ET
Benzinga
Government, News, Regulations
Coherent Corp. (NYSE:COHR), a leader in wide- and ultrawide-bandgap semiconductors, today announced that it secured $15 million in funding from the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022 that provided the Department of Defense (DoD) with $2 billion to strengthen and revitalize the U.S. semiconductor supply chain.