Intel Receives $7.9 Billion in Chips Act Funding, but Says It Won’t Take Federal Loans
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
Wiggle room in Intel's timeline doesn't dim Central Ohio celebration of Chips grant
Central Ohio business leaders are unfazed by the apparent wiggle room in Intel's Chips Act grant agreement on when the fabs ...
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Intel Secures $7.86 Billion Grant, But Technical Signals Flash Warnings
Intel receives $7.86B government grant to boost domestic chip manufacturing, but faces challenges and uncertainty amid losses ...
Yahoo1d
Intel’s final chips grant shrinks
The Biden administration reduced Intel’s grant for chips manufacturing to $7.9 billion, a move that a senior ...
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.
Business Insider1d
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 ...
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
AZ Central1d
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 ...