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 ...
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Intel’s CHIPS Act funding cut by over $600 million
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
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.
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
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Intel finalises $7.86bn CHIPS Act funding to boost US semiconductor capacity
Intel will receive $7.86bn in direct funding under the CHIPS and Science Act to advance its semiconductor manufacturing and ...
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Intel’s CHIPS Act grant lower than previously announced, says Citi
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 ...
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
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 ...