Findings | LOI vs FINAL

Letter of Intent (LOI) is not a Final Definitive Funding Agreement (DFA)

Sourced only from data/curated.json. GlobalFoundries (GFS) appears on the Jul 29 LOI package; several other CHIPS names in this window already show FINAL.

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LOI | curated

CHIPS R&D 7-company LOIs

2026-07-29 | GFS verified | Department of Commerce (CHIPS)

$874M total LOIs (GFS up to $300M verified; others private)

Award permalink | GFS | Official source →

FINAL CHIPS DFAs in the same curated window

USA Rare Earth (USAR) -- FINAL | up to $277M + up to $1.3B loan | permalink
SandboxAQ (private) -- FINAL | $500M | permalink
I-Pulse (private) -- FINAL | $250M SiC | permalink
Bosch Semiconductor (private) -- FINAL | up to $225M | permalink

Read status before dollars. How to read a federal award.

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FedForge finding: a CHIPS Letter of Intent (LOI) is not a Definitive Funding Agreement (DFA). Jul 29 2026: $874M seven-company LOI package (GlobalFoundries / GFS up to $300M verified; others private). Same window FINAL DFAs in our curated set include USA Rare Earth (up to $277M + up to $1.3B loan), SandboxAQ ($500M), I-Pulse ($250M SiC), and Bosch (up to $225M). Status tags matter. Not investment advice. https://thefedforge.com/finding-loi.html

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