Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 billion in CHIPS Act funding, down from the originally announced $8.5 billion preliminary agreement in March.
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in direct funding under the CHIPS and Science Act, the largest such grant to any company but slightly below the preliminary $8.5 billion that had been announced earlier.
but the company previously said the $20 billion project has been delayed as Intel awaited federal aid from the CHIPS ...
Today’s announcement that Intel-Ohio is receiving CHIPS Act funding is a much-needed step forward in the important objective ...
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The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
Intel's $7.86 billion boost under the Chips Act aims to modernize U.S. tech infrastructure and reduce reliance on Asian ...
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...
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