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The United States allocates $500 million to SandboxAQ for the search for new chip manufacturing materials
BlockBeats News, June 17 — The U.S. government allocated $500 million to SandboxAQ on Wednesday to develop new chemicals and materials needed for domestic semiconductor manufacturing in the United States, including alternatives to PFAS (per- and polyfluoroalkyl substances). This funding is part of the research funding allocated by President Trump under the CHIPS Act.
Previously, the program had already invested $150 million in new chip manufacturing equipment and $2 billion in the quantum computing field. Supported by NVIDIA (NVDA.O), SandboxAQ was valued at $5.75 billion in April 2025 and has raised over $1 billion to date. (Jin10)