Intel Receives $7.9 Billion in Chips Act Funding, but Says It Won’t Take Federal Loans
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
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 ...
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 ...
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’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’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 ...