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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.
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
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.
3h
Wiggle room in Intel's timeline doesn't dim Central Ohio celebration of Chips grant
Central Ohio business leaders are unfazed by the apparent wiggle room in Intel's Chips Act grant agreement on when the fabs ...
Yahoo
1d
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 ...
23h
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 ...
Business Insider
1d
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 ...
1d
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...
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