HeLIX Exploration PLC (AIM:HEX) chairman David Minchin explains the critical role of helium in computer chip manufacturing. Helium cools silicon wafers in vacuum chambers, facilitating precise chemical reactions and preventing unwanted interactions due to its inert properties. Its exceptional cooling capability supports the miniaturisation of circuitry, ensuring efficient heat dissipation and preventing damage. This makes helium indispensable in chip production, maintaining high performance and reliability.
The Chips and Science (CHIPS) Act, signed in 2022, aims to bolster American semiconductor supply chains and counter China's market influence. Helium will be crucial for the semiconductor industry and Minchin says Helix's Montana project is well-positioned to meet the growing helium demand.
