CFS wins $85M CHIPS Act award for fusion-grade semiconductors
Commonwealth Fusion Systems said it will receive $85 million from the U.S. Department of Commerce under the CHIPS Act to develop advanced power electronics for fusion plants, with the government taking a stake in the company. The funds will support silicon carbide power electronics, radiation-hardened and radio-frequency components, and adapting AI chips like GPUs and TPUs for use in fusion reactors.