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-0.000622051733969232 -0.000725727022964006 -0.000570214089471698 -0.000570214089471698 -0.000103675288994774 -0.000466538800476924 -5.18376444973869E-05 -0.00176247991291278
Stock impact report

US to award Akash Systems up to $18.2 million for chips production [Yahoo! Finance]

Taiwan Semiconductor Manufacturing Company Ltd. (TSM) 
Last taiwan semiconductor manufacturing company ltd. earnings: 4/17 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
subsidy funding to Akash Systems to support the construction of a 40,000-square-foot cleanroom space for advanced semiconductor manufacturing. This proposed funding from the $52.7 billion semiconductor manufacturing and research subsidy program, will be combined with funding from California-based Akash, venture capital firms, and other private investors, to support a $121 million investment in West Oakland, California to manufacture various Diamond Cooling substrates, devices and systems at scale. Akash is utilizing its "Diamond Cooling" technology to improve thermal management with AI-focused data centers. "As a U.S. company developing next-generation semiconductor technology, this validates our vision and strategy, helping us to deliver cutting-edge solutions that address thermal challenges in today's high-performance computing and communication systems," Akash Systems CEO Felix Ejeckam said in a statement. In November 2023, the IUE-CWA workers union and Akash Systems announ Show less Read more
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