The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
To build or expand semiconductor factories in several U.S. states.
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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 will receive less in CHIPS Act funding than initially reported, but did snare a $3 billion defense department contract ...
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...