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Intel Receives $7.9 Billion in Chips Act Funding
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 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 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 $8.5 billion that had been announced earlier.
18h
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 ...
Hoodline
8h
Ohio Set to Become 'Silicon Heartland' with Intel's CHIPS Act Boost, Aims for Tech Industry Leadership
Ohio is set to boost its tech industry with Intel's CHIPS Act funding, potentially transforming the state into a high-tech ...
1h
Nearly $4 billion from CHIPS Act to expand Chandler Intel facilities
Intel will use nearly $4 billion in the CHIPS Act to expand two of its facilities in Chandler as the Biden administration ...
1d
Intel’s CHIPS Act funding set to be slashed by the Biden administration, reports say
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Business Insider
21h
Intel’s CHIPS Act grant lower than previously announced, says Citi
Intel
(INTC) announced on Tuesday that it received a $7.9B
CHIPS
Act
grand from the U.S. government, which is lower than the $8.5B previously announced in March due to perceived execution issues ...
15h
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
1d
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.
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