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, ...

The outgoing Biden administration is reportedly going to cut downn the preliminary $8.5 million grant it awarded to Intel ...

The Intel project in New Albany is set to receive $1.5 billion in CHIPS Act funding.

The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the ...

Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.

On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...

The company is set to receive $7.86 billion from the program, which is less than the $8.5 billion outlined in a preliminary announcement in March.

Intel said it has finalized a deal with the White House to receive nearly $8 billion in federal funding to subsidize new chip ...

Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US ...

In August, the chipmaker announced that it would cut 15% of its workforce — about 15,000 jobs — in an attempt to turn its ...

The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...

Ohio Governor Mike DeWine and Lt. Governor Jon Husted released the following statement Tuesday in response to the final approval of the CHIPS Act agreement between Intel and the federal government: ...