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Intel’s CHIPS Act grant reduced
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Intel's CHIPS Act grant reduced by roughly $500 million
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
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.
5h
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.
7h
on MSN
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
When a U.S. president faces the end of his term, there is often a mad dash to take care of any unfinished business. Sometimes ...
12h
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 ...
14h
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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