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Intel, CHIPS
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.
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 proposed up to $8.5 billion in grants to Intel.
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil.
Columbus Dispatch
2h
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
but the company previously said the $20 billion project has been delayed as
Intel
awaited federal aid from the
CHIPS
...
43m
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 ...
FOX8 Cleveland
1h
CHIPS Act funding approved for Intel plant in central Ohio
NEW ALBANY, Ohio (WCMH) –
Intel
now has funding through the federal government and the
CHIPS
act
to advance its plans ...
1d
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.
20h
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...
16h
on MSN
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
The law's biggest beneficiary is Intel, which lost more than half its market value this year as competitors soared.
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