BHP-backed I-Pulse wins $250 million US CHIPS award for silicon-carbide semiconductors

According to Channel NewsAsia, I-Pulse, a company backed by mining giant BHP, has won two hundred fifty million dollars in United States CHIPS Act funding. The grant supports I-Pulse's production of silicon-carbide semiconductors, which are crucial for electric vehicles, renewable energy systems, and industrial power electronics. The investment underscores the US commitment to reshoring advanced semiconductor manufacturing.

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