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 proposed up to $8.5 billion in grants to Intel.
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 it.
Intel To Get Nearly $8B In Subsidies In US CHIPS Act Deal
Intel said it has finalized a deal with the White House to receive nearly $8 billion in federal funding to subsidize new chip manufacturing sites in the United States.
Intel To Receive Nearly $8 Billion In Federal Funding Under CHIPS Act for US Expansion
Intel Corporation (NASDAQ:INTC) and the Biden-Harris Administration announced that the U.S. Department of Commerce will award Intel up to $7.86 billion in funding under the CHIPS and Science Act. The funding will support semiconductor manufacturing and advanced packaging projects at Intel’s facilities in Arizona,
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US soil.
Intel’s CHIPS Act funding reduced from $8.5 billion to $7.85 billion because of recent military contract
Intel, Commerce Department Finalize $7.9 Billion Chip Making Grant
More than two years since the signing of the CHIPs Act, funding is finally flowing to some of the mega-projects that the semiconductor bill intended to support.
Intel, feds reach deal on $8B in CHIPS money
After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Micron's CHIPS and Science Act funding could become official before 2025, McMahon says
CHIPS Act funding could officially be designated for Micron's Central New York project before the new year, according to ...
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 ...
Inside Higher Ed13d
What’s at Stake for Science as Trump Returns
No one knows exactly how President-elect Trump’s second term will shape science and research policy, but judging from his ...
Biden admin Commerce Dept seeks to exhaust CHIPS Act funding before Biden leaves office
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
Upstate NY microchip manufacturer finalizes $1.5B CHIPS Act agreement
Money from the CHIPS and Science Act is officially coming to Upstate New York. GlobalFoundries’ $1.5 billion agreement with ...
GlobalFoundries confirms $1.5 billion award from the US Chips and Science Act
The previously leaked decision to award GlobalFoundries $1.5 billion in subsidies to manufacture chips in the US is now ...
AZ Central6d
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 ...
Auburn Citizen3d
Why CHIPS and Science Act is winning issue for John Mannion in CNY race for Congress
Shortly before the Green CHIPS legislation was approved, President Joe Biden signed the federal CHIPS and Science Act to bolster domestic semiconductor chip manufacturing. Meanwhile, in the 22nd ...
Hosted on MSN3d
Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit
Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company ...