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

I-Pulse, a technology firm supported by mining major BHP, has secured a $250 million award from the U.S. CHIPS and Science Act to advance silicon-carbide semiconductor production. Silicon-carbide chips are essential for high-voltage applications, including electric vehicle power systems and industrial energy grids. This funding highlights the strategic importance of wide-bandgap materials in the broader semiconductor industry and the U.S. effort to bolster domestic manufacturing capabilities.