🟢 Aeluma is trading 5.32% up today on proposed $30 million CHIPS Act funding

Aeluma is trading at $18.00 (+5.32%) as investors respond to proposed $30 million CHIPS Act funding.

• The July 29 letter of intent would support development of Aeluma’s scalable photonics semiconductor platform for AI and advanced computing.
• Funding remains contingent on due diligence, approvals, and definitive documents, with potential equity issuance to the Commerce Department.
• The latest available report described an 11% premarket gain to $18.50 and identified the CHIPS proposal as the catalyst.