Chips Act - GoKawiil

Commerce Department invests $300M in D-Wave, Rigetti and Quantinuum, takes equity stakes

The US Commerce Department is distributing $300 million in CHIPS Act funding equally among D-Wave Quantum, Rigetti Computing, and Quantinuum, giving each $100 million while also acquiring minority ownership stakes in the companies. The money targets hardware manufacturing challenges like cryogenics, semiconductor fabrication, ion traps, and photonics rather than quantum software development.

techspot.com · 2026-09-09

EU's Chips Act 2.0 exposes gap between AI ambitions and semiconductor self-reliance

The European Commission is preparing Chips Act 2.0 to fix flaws in its 2023 semiconductor strategy, which aimed for a 20 percent global production share by 2030 but is on track for only about 11.7 percent. The new plan will add demand-side measures like public procurement and industrial coordination to spur chip investment, even as the EU's own AI factories and data centers rely almost entirely on advanced processors designed in the U.S. and manufactured in Asia.

spectrum.ieee.org · 2026-08-31