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Intel, Biden and CHIPS
Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has awarded $7.865 billion to the company via direct funding from the Chips and Science Act.
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
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. under the CHIPS Act, adding to the struggling U.S. chipmaker’s woes.
5m
Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
1h
Intel initially could open half its New Albany complex based on demand, federal officials say
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
22h
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.
Yahoo Finance
22m
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
(Credit:
Intel
Corporation) The U.S. Department of Commerce has awarded
Intel
up to $7.86 billion in direct funding ...
Fudzilla
58m
Intel loses a swag of CHIPS Act money
More than $2 billion The Biden administration is expected to trim the federal grant funding troubled Chipzilla initially ...
Digi Times
1d
Raimondo's race against time: Intel, Samsung CHIPS Act deals hang in balance
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to that she instructed ...
5d
Intel Is Prepping a Monster Server CPU for 2025
Intel (NASDAQ: INTC) has fallen behind rival Advanced Micro Devices in the lucrative server CPU market over the past few ...
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