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Intel awarded $7.9 billion from the CHIPS Act
U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing
The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and Science Act. That’s down from $8.5B funding initially proposed in March. The final total award is less than the proposed preliminary award due to a congressional requirement to use CHIPS funding to pay for the Secure Enclave
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.
Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding
Key Takeaways Intel and the Biden administration have agreed to terms for the chipmaker to receive up to $7.86 billion in CHIPS Act funding.The funding will support the expansion or building of new facilities across Arizona,
Intel, Qualcomm
Qualcomm's interest in potential Intel acquisition has reportedly waned
Qualcomm's (NASDAQ:QCOM) interest in potentially acquiring Intel (NASDAQ:INTC) has waned due to the complexities associated with such a takeover, Bloomberg reported, citing people familiar with the matter.
Qualcomm’s interest in buying rival Intel is reportedly fading
Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm,
Hosted on MSN
1h
Intel Stock Rises As Chipmaker Secures $7.9B CHIPS Act Funding From Team Biden: Retail Hopes Improve
Intel Corp. ($INTC) shares climbed over 1% in pre-market trading Tuesday, on track to extend gains for a fourth consecutive ...
5h
Intel initially could open half its New Albany complex based on demand, federal officials say
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
22h
on MSN
Why Intel Stock Popped on Monday
Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
18h
on MSN
Biden administration to reduce Intel's $8.5B CHIPS Act grant: report (update)
Update: The deal to provide Intel with $8B in funding is close to being finalized, CNBC reported, citing a person familiar ...
46m
on MSN
These Stocks Are Moving the Most Today: Rivian, Ford, Super Micro, Zoom, Semtech, Intel, Dell, CrowdStrike, and More
Rivian receives a loan of up to $6.6 billion from the U.S. government to boost electric-vehicle production, shares of Ford ...
3h
Intel (INTC) Leads the Charge with Open Platform for Enterprise AI (OPEA)
We recently published a list of 10 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
22h
on MSN
Intel rises 2% on report of $8 billion Chips Act grant
Intel Corporation (NASDAQ:INTC) shares rose 2% in premarket trading Monday following a CNBC report that the chipmaker was ...
5d
Here's Why Intel (NASDAQ:INTC) Can Afford Some Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he ...
1d
on MSN
Intel, AMD in focus as Bernstein weighs in on PC, server markets
Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) were in the spotlight on Monday as Bernstein weighed in on the PC and server markets ...
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