Intel’s CHIPS Act funding cut by over $600 million
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the domestic silicon production bill, the company will get up to $7.85 billion instead. On Tuesday, The New York Times reported that ...
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
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 ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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