Absolics scores CHIPS funding for semiconductor innovation

A metro Atlanta company that wants to revolutionize the semiconductor industry is getting an up to $100 million boost from the federal government.

Driving the news: The Biden administration announced Thursday that Covington-based Absolics won CHIPS for America funding.

Why it matters: Semiconductors power our everyday electronics and fast-changing technologies like AI.

• The countries and companies that dominate the semiconductor supply chain will decide the future.

Zoom in: Absolics is pioneering the manufacture of — stay with us here — glass-core substrate technology for advanced semiconductor packaging.

• Think of those as the plate on which the meal of memory, logic and processing chips are served.

Absolics plans to advance the technology at their Covington facility and to build workforce and educational programs with local colleges and veterans, according to a statement.