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Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct subsidy from a program to boost domestic semiconductor manufacturing.
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
US finalizes $7.86 billion chips manufacturing award for Intel
The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.
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.
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt to cut U.S. dependence on imports.
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Intel To Get $7.865 Bln Govt. Grant For US Semiconductor Projects
The U.S. government has offered Intel Corp. up to $7.865 billion in direct funding for its commercial semiconductor manufacturing
59m
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 ...
8m
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 ...
Wall Street Journal
55m
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The U.S. government is granting
Intel
INTC1.51%increase; green up pointing triangle up to $7.87 billion to help fund new ...
22h
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
USA Today
23h
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
(Reuters) - The U.S. government plans to reduce
Intel
Corp's INTC.O preliminary $8.5 billion federal chips grant to less ...
1d
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
2d
National security officials meet with US telecom execs to share intel on Chinese cyber-espionage campaign, White House says
Top telecom executives met with US national security officials at the White House on Friday as concerns mount over a ...
12h
Qualcomm’s Takeover Interest in Intel Is Said to Cool
Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, ...
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