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By Stephen Nellis SAN FRANCISCO, June 17 (Reuters) – The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS and rare earth imports. The award is part of President Donald Trump’s move to allocate research funds under the CHIPS Act, an ​effort that previously funded a

The U.S. Department of Commerce’s CHIPS Research and Development Office has signed a definitive agreement awarding $500 million to AI-and-quantum technology startup SandboxAQ to address acute supply chain vulnerabilities in domestic semiconductor manufacturing. Part of a broader federal push under the Trump administration to reshore high-assurance tech manufacturing, the multi-million-dollar contr

By Stephen Nellis SAN FRANCISCO, June 17 (Reuters) – The U.S. government awarded $500 million on Wednesday to startup SandboxAQ to develop new chemicals and materials for domestic semiconductor manufacturing, including alternatives to PFAS and rare earth imports. The award is part of President Donald Trump’s move to allocate research funds under the CHIPS Act, an ​effort that previously funded a

SandboxAQ Secures $500 Million CHIPS Act R&D Award to Insulate Semiconductor Supply Chains Mohamed Abdel-Kareem 3 hours ago The U.S. Department of Commerce’s CHIPS Research and Development Office has signed a definitive agreement awarding $500 million to AI-and-quantum technology startup SandboxAQ to address acute supply chain vulnerabilities in domestic semiconductor manufacturing. Part of a br

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US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials FILE PHOTO: U.S. President Trump and .Commerce Secretary Howard Lutnick make an announcement about investment, at the White House · Reuters Stephen Nellis Wed, June 17, 2026 at 4:06 AM PDT 3 min read SAAQ.PVT NVDA -0.09% Trade NVIDIA on Coinbase Trading disclosure By Stephen Nellis SAN FRANCISCO, June 17 (Reut