The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
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 U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The CHIPS Act award will directly support Intel’s investments at sites where the company develops and produces many of the ...
Intel will receive less in CHIPS Act funding than initially reported, but did snare a $3 billion defense department contract ...
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Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unitIntel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company ...
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