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U.S. finalizes $11 billion for Intel
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 Act.
Intel awarded almost $8 billion in bid to protect US chipmaking interests
Today’s award marks another key step in implementing President Biden’s CHIPS and Science Act and the Investing in America agenda to reshore manufacturing, create thousands of good-paying jobs, and strengthen our economy,
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt to cut U.S. dependence on imports.
Intel, CHIPS
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.
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 secures US$7.865 billion in CHIPS Act subsidies, lower than initial memorandum amount
Revised Award Provides Up to $7.865 Billion in Direct Funding, Down from $8.5 Billion, to Support Intel's $100+ Billion Expansion Plan Across Four U.S. States
3h
on MSN
Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...
Wall Street Journal
1h
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The U.S. government is granting
Intel
INTC1.51%increase; green up pointing triangle up to $7.87 billion to help fund new ...
Columbus Dispatch
3h
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
The Biden Administration announced it released $7.865 billion in funding for
Intel
as part of its CHIPS Incentives Program.
23h
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
Yahoo
2h
Intel’s final chips grant shrinks
The Biden administration reduced
Intel
’s grant for chips manufacturing to $7.9 billion, a move that a senior administration ...
The Next Platform
1h
Intel Xeon 6 With P-Cores Makes the Case For The Host CPU
PARTNER CONTENT Since OpenAI first released ChatGPT into the world two years ago, generative AI has been a playground mostly ...
20h
on MSN
Commerce Department to reduce Intel’s funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
13h
Qualcomm’s Takeover Interest in Intel Is Said to Cool
Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, ...
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