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Biden admin reducing Intel chip grant below $8B
Intel's $8.5B CHIPS Act award faces cut, report says
Intel has posted big losses since the grant was announced, leading to spending cuts, mass layoffs and widespread doubts on its expensive expansion plan.
Biden administration to reduce Intel's $8.5B CHIPS Act grant: report (update)
Update: The deal to provide Intel with $8B in funding is close to being finalized, CNBC reported, citing a person familiar with the matter. The Biden administration is planning to reduce Intel's (NASDAQ:INTC) preliminary $8.
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science Act, according to multiple reports.
16h
on MSN
Intel leads chips mostly higher in holiday shortened week
Semiconductor stocks were mostly higher on Monday, led by gains in Intel (NASDAQ:INTC), as traders looked to add to profits ...
17h
on MSN
Why Intel Stock Popped on Monday
Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
1d
on MSN
Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: Report
The U.S. government reportedly plans to reduce Intel Corp's (NASDAQ:INTC) $8.5 billion federal chips grant. What Happened: ...
8h
on MSN
Intel Corporation (INTC) Highlights AI PC Benefits with Study Showing 4 Hours Weekly Productivity Boost
We recently compiled a list of the 10 AI News and Ratings Investors Should Not Miss. In this article, we are going to take a ...
8d
on MSN
Could Intel Stock Help You Become a Millionaire?
Intel (NASDAQ: INTC) was once considered a stable long-term investment on the semiconductor market. But over the past 10 ...
20h
on MSN
Intel, AMD in focus as Bernstein weighs in on PC, server markets
Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) were in the spotlight on Monday as Bernstein weighed in on the PC and server markets ...
4d
on MSN
Intel Corporation (INTC) Secures Major Grants Amid US Push to Boost Chip Production
We recently published a list of 14 AI Stocks to Watch According to Latest News and Ratings. In this article, we are going to ...
4d
Here's Why Intel (NASDAQ:INTC) Can Afford Some Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he ...
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