Intel secures up to $7.86B in CHIPS Act funding for fab projects
The financing, which officials announced today, will be provided under the 2022 CHIPS and Science Act. Intel is one of several chipmakers set to receive funding under the law. Earlier this month, Taiwan Semiconductor Manufacturing Co. finalized a $11.6 billion federal financing agreement to support the construction of three fabs in Arizona.
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
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 (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 ...
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US ...
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