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 the domestic silicon production bill, the company will get up to $7.85 billion instead. On Tuesday, The New York Times reported that ...
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
Intel secures billions in funding to revive US chipmaking. The investment will create thousands of jobs across multiple ...
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 will receive $7.86bn in direct funding under the CHIPS and Science Act to advance its semiconductor manufacturing and ...
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 struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 ...
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 ...
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