Commonwealth Fusion Systems gets $85M under CHIPS Act for fusion chips

CFS will receive $85 million from the U.S. Commerce Department under the CHIPS Act to develop power electronics and semiconductors for fusion plants. The funds cover silicon carbide components, RF generators, radiation-hardened electronics and adapting GPUs and TPUs for power plants; the government also gets a stake in the company.

• CFS receives $85M CHIPS Act award from the U.S. Commerce Department
• Funding spans five initiatives, including silicon carbide power electronics
• Part of the money goes to adapting GPUs and TPUs for power plants
• The company aims to turn on its Sparc reactor next year