The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.

The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...

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 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 has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...

HILLSBORO, Ore. — The Biden administration announced this week that it will cut some of the funding initially awarded to tech giant Intel under the CHIPS Act as they finalize the deal.

Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...

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 ...

Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...