Atomera shares jump 16.55% intraday after GaN-on-Si concept advances to PowerAmerica proposal stage.

Atomera (NASDAQ: ATOM) surged 16.55% intraday after its Gallium Nitride on Silicon (GaN-on-Si) concept advanced to the proposal stage in PowerAmerica’s funding program. The development, announced on January 27, 2026, enables collaboration with industry partners to refine GaN material quality using Atomera’s Mears Silicon Technology (MST), addressing manufacturing challenges like low yield rates. Approval would unlock funding to scale production, potentially reducing costs and accelerating adoption of wide-bandgap semiconductors. The CEO highlighted MST’s role in improving wafer-level yield, a critical factor for commercial viability. This milestone aligns with PowerAmerica’s mission to advance efficient power semiconductor technologies, reinforcing Atomera’s strategic position in the semiconductor innovation landscape.