Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
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Intel’s CHIPS Act funding cut by over $600 million
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
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Intel’s CHIPS Act funding set to be cut by the Biden administration, reports say
The outgoing Biden administration is reportedly going to cut downn the preliminary $8.5 million grant it awarded to Intel ...
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...
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 ...
Intel’s CHIPS Act grant reduced as production delays and losses mount
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.