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Intel's Chips Act payout down $600M from initial deal
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.
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 direct funding under the
CHIPS
and Science
Act
, the largest such grant to any company but slightly below the preliminary $8.5 billion ...
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
2d
on MSN
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 ...
3d
on MSN
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 ...
The Tech Report
10h
Intel Scores a $7.86 Billion Investment Through the CHIPS and Science Act
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
2d
on MSN
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Yahoo
2d
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 the ...
3d
Intel’s CHIPS Act funding set to be slashed by the Biden administration, reports say
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
3d
on MSN
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
4d
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.
3d
Intel's $8.5B Chips Act award faces cut, report says
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
11h
Fine print in Intel's CHIPS Act deal includes requirement to keep control of its foundries
That condition and several others are spelled out in a November 27 filing [PDF] that reveals the CHIPS Act cash came with ...
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