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Intel Finalizes CHIPS Funding
Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has awarded $7.865 billion to the company via direct funding from the Chips and Science Act.
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
Intel is working to build two factories in Licking County near Columbus to manufacture semiconductors, but the company previously said the $28 billion project has been delayed as Intel awaited federal aid from the CHIPS Act.
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.
WCMH Columbus on MSN
1h
CHIPS Act funding approved for Intel plant in central Ohio
Intel now has funding through the federal government and the CHIPS act to advance its plans for a plant here in central Ohio ...
15h
on MSN
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
When a U.S. president faces the end of his term, there is often a mad dash to take care of any unfinished business. Sometimes ...
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