Forge Nano wins second photonics fab order in 30 days
Forge Nano's TEPHRA ALD platform secures a commercial photonics equipment order, validating atomic-layer deposition as production-ready for integrated photonics manufacturing.
Applied Materials EPIC Center adds SCREEN as AI packaging R&D partner
Applied Materials deepened its $5B EPIC Center with SCREEN Holdings on May 26, cementing control over advanced semiconductor materials engineering as the bottleneck for AI chip scaling.
USA Rare Earth starts first U.S. magnet factory in decades
USA Rare Earth commissioned commercial NdFeB magnet production in Oklahoma, backed by $1.6B in CHIPS Act funding, breaking China's 92% global manufacturing monopoly.
USA Rare Earth ships first domestic NdFeB magnets, backed by $1.6B CHIPS funding
USA Rare Earth commissioned its Oklahoma magnet factory in Q1 2026 with government and private backing totaling $3.1 billion, becoming the first integrated rare earth supply chain under U.S. ownership.
USA Rare Earth Commissions First U.S. NdFeB Magnet Line, $1.6B CHIPS Backing
USA Rare Earth turned on its Stillwater, Oklahoma sintered magnet production line March 26, 2026, backed by $1.6B in CHIPS Act funding and a $1.5B private raise. The facility converts USAR from pre-revenue development into a live manufacturer.
China's New Supply Chain Law Penalizes Western Corporate Exit
China enacted Order No. 834 on April 7, immediately effective, creating the first dedicated regulatory framework to penalize foreign companies that reduce China exposure — no intent required, applies to subsidiaries globally, and directly conflicts with U.S. export controls and IRA domestic content rules.
Xanadu Lists on Nasdaq at $3.6B, First Photonic Quantum IPO
Xanadu Quantum Technologies debuted on Nasdaq and the TSX on March 27, 2026, raising $302 million at a $3.6 billion market cap — the first publicly listed pure-play photonic quantum computing company.