The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...

The Biden administration is in the uncomfortable position of awarding subsidies to a company that's cutting jobs.

The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...

(Credit: Intel Corporation) The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through ...

Intel will receive $7.86 billion to build out its core manufacturing facilities, plus an additional $3 billion that was ...

More than $2 billion The Biden administration is expected to trim the federal grant funding troubled Chipzilla initially ...

Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...

Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says: Summary Intel is nearing an $8 billion CHIPS Act grant to boost factory-building ...

Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...