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Intel awarded $7.9 billion from the CHIPS Act

Hosted on MSN · 3h

U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing

The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and Science Act. That’s down from $8.5B funding initially proposed in March. The final total award is less than the proposed preliminary award due to a congressional requirement to use CHIPS funding to pay for the Secure Enclave

Business Insider on MSN · 1h

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 manufacturing on US soil.

Investopedia on MSN · 49m

Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding

Key Takeaways Intel and the Biden administration have agreed to terms for the chipmaker to receive up to $7.86 billion in CHIPS Act funding.The funding will support the expansion or building of new facilities across Arizona,

Intel, Qualcomm

Hosted on MSN · 4h

Qualcomm's interest in potential Intel acquisition has reportedly waned

Qualcomm's (NASDAQ:QCOM) interest in potentially acquiring Intel (NASDAQ:INTC) has waned due to the complexities associated with such a takeover, Bloomberg reported, citing people familiar with the matter.

MarketWatch on MSN · 8h

Qualcomm’s interest in buying rival Intel is reportedly fading

Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.

Reuters on MSN · 11h

Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports

Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm,

Hosted on MSN1h

Intel Stock Rises As Chipmaker Secures $7.9B CHIPS Act Funding From Team Biden: Retail Hopes Improve

Intel Corp. ($INTC) shares climbed over 1% in pre-market trading Tuesday, on track to extend gains for a fourth consecutive ...

37mon MSN

These Stocks Are Moving the Most Today: Rivian, Ford, Super Micro, Zoom, Semtech, Intel, Dell, CrowdStrike, and More

Rivian receives a loan of up to $6.6 billion from the U.S. government to boost electric-vehicle production, shares of Ford ...

5h

Intel initially could open half its New Albany complex based on demand, federal officials say

Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...

18hon MSN

Biden administration to reduce Intel's $8.5B CHIPS Act grant: report (update)

Update: The deal to provide Intel with $8B in funding is close to being finalized, CNBC reported, citing a person familiar ...

21hon MSN

Why Intel Stock Popped on Monday

Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.

2h

Intel (INTC) Leads the Charge with Open Platform for Enterprise AI (OPEA)

We recently published a list of 10 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...

20hon MSN

Intel leads chips mostly higher in holiday shortened week

Semiconductor stocks were mostly higher on Monday, led by gains in Intel (NASDAQ:INTC), as traders looked to add to profits ...

5d

Here's Why Intel (NASDAQ:INTC) Can Afford Some Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he ...

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