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 $8.5 billion that had been announced earlier.
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the ...
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
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Fine print in Intel's CHIPS Act deal includes requirement to keep control of its foundriesThat will limit Chipzilla's ability to cash in and bail itself out Intel has quietly revealed that the $7.86 billion of cash ...
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