US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materials

Friday, July 3, 2026 - 20:15
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America is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will develop new chemicals and materials for making computer chips right here in America. The goal is to reduce reliance on foreign supplies for crucial components.

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