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 Act.
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 CHIPS Act money a welcome boost.
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.
White House finalizes CHIPS Act grant for Intel’s Ocotillo plant
Intel will receive less in CHIPS Act funding than initially reported, but did snare a $3 billion defense department contract since the funding was announced.
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.
Intel's CHIPS Act grant reduced by roughly $500 million
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act. "Hopeful 1958 high school seniors compared to today’s. David Hoffman presents captivating documentaries and archival news clips that explore the evolution of American life over the past century
Intel's $7.86 billion subsidy deal restricts sale of its chip manufacturing unit
Intel has said that its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The US Commerce Department announced the subsidy to Intel on Tuesday,
US Govt. grants Intel nearly $8 billion under CHIPS Act
The US government is giving Intel nearly $8 billion dollars to “boost domestic chip manufacturing” The Biden Administration has released 7.865 billion dollars US in funding fo
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Intel’s final chips grant shrinks
The Biden administration reduced Intel’s grant for chips manufacturing to $7.9 billion, a move that a senior ...
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Wiggle room in Intel's timeline doesn't dim Central Ohio celebration of Chips grant
Central Ohio business leaders are unfazed by the apparent wiggle room in Intel's Chips Act grant agreement on when the fabs ...
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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 ...
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
Intel Secures $7.86 Billion Grant, But Technical Signals Flash Warnings
Intel receives $7.86B government grant to boost domestic chip manufacturing, but faces challenges and uncertainty amid losses ...
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...