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US may reduce Intel’s $8.5 billion chips grant
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
(Reuters) - The U.S. government plans to reduce Intel Corp's INTC.O preliminary $8.5 billion federal
chips
grant
to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract 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 And Commerce Department Are Finalizing About $8 Billion CHIPS Act Grant
Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost $8 billion as the Biden administration moves to dole out funds before President-elect Donald Trump’s inauguration,
2h
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.
11h
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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