Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has ...
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 gets US$7.9 billion from Biden’s Chips act for expansion ahead of Trump’s second term
The agreement funds projects in Arizona, Oregon, and New Mexico, crucial for the Biden administration’s semiconductor goals ...
Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 ...
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.