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 ...
Engineering News-Record2m
Biden-Harris Administration Finalizes $7.9B in CHIPS Act Funding for Intel
Intel will use the funding for its commercial semiconductor manufacturing and packaging projects under construction in ...
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 ...
Intel gets US$7.9 billion from Biden’s Chips act for expansion ahead of Trump’s second term
The agreement funds projects in Arizona, Oregon, and New Mexico, crucial for the Biden administration’s semiconductor goals ...
Yahoo4h
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 ...
Warriors Wire6h
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 ...
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 ...
Business Insider12h
Intel’s CHIPS Act grant lower than previously announced, says Citi
Intel (INTC) announced on Tuesday that it received a $7.9B CHIPS Act grand from the U.S. government, which is lower than the $8.5B previously announced in March due to perceived execution issues ...
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.
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 ...