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U.S. finalizes $11 billion for Intel
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 Act.
Intel awarded almost $8 billion in bid to protect US chipmaking interests
The Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce today is the largest award granted under the CHIPS Act to date, though notably smaller than the up to $8.5 billion earmarked for the chip maker in March.
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt to cut U.S. dependence on imports.
Qualcomm's interest in acquiring Intel has cooled
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter.
Qualcomm’s interest in buying rival Intel is reportedly fading
Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.
Qualcomm’s Takeover Interest in Intel Is Said to Cool
Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, upending what would have likely been one of the largest technology deals of all time.
1h
on MSN
Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...
2h
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 ...
The Next Platform
19m
Intel Xeon 6 With P-Cores Makes the Case For The Host CPU
PARTNER CONTENT Since OpenAI first released ChatGPT into the world two years ago, generative AI has been a playground mostly ...
1h
on MSN
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
57m
on MSN
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 ...
21h
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
1h
on MSN
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Analytics India Magazine
5h
Intel’s Promise to IISc is 10 AI PCs, for Now
Intel announced the establishment of its AI PC Experience Development Centres at two premier institutions: IISc and IITH.
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