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Vertical Semiconductor Signs Letter of Intent with U.S. Department of Commerce for $73 Million in CHIPS Funding to Accelerate R&D of Vertical GaN Power Transistors

Source: Business Wire

Technology & InnovationCorporate Guidance & Outlook

Vertical Semiconductor signed a letter of intent with the U.S. Department of Commerce for up to $73 million to accelerate R&D of vertical GaN power transistors. The article does not specify final funding terms or a market reaction.

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