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Biden Admin Awards Intel US$7.9 Billion for Semiconductor Sector Growth
The Biden administration has announced a US$7.87 billion funding agreement with Intel (NASDAQ:INTC) under the CHIPS Incentives Program as part of its efforts to bolster the US semiconductor manufacturing industry.
Intel, Biden-Harris Administration finalize $7.86B CHIPS Act funding award
Intel (INTC) and the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel have reached agreement on terms to
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 U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing.
U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing
The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and Science Act. That’s down from $8.5B funding initially proposed in March. The final total award is less than the proposed preliminary award due to a congressional requirement to use CHIPS funding to pay for the Secure Enclave
3h
on MSN
Intel (INTC) Faces Uncertainty: QUALCOMM Walks Away from Acquisition Deal
We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
4h
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
2d
on MSN
Qualcomm's interest in potential Intel acquisition has reportedly waned
Qualcomm's (NASDAQ:QCOM) interest in potentially acquiring Intel (NASDAQ:INTC) has waned due to the complexities associated ...
9h
on MSN
Intel Corp (INTC) Secures $7.86B US Government Deal: Boost for Semiconductor Manufacturing
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at ...
11d
Shareholders in Intel (NASDAQ:INTC) have lost 52%, as stock drops 7.1% this past week
Intel Corporation ( NASDAQ:INTC ) shareholders should be happy to see the share price up 13% in the last quarter.
2d
on MSN
Intel leads chips mostly higher in holiday shortened week
Semiconductor stocks were mostly higher on Monday, led by gains in Intel (NASDAQ:INTC), as traders looked to add to profits ...
3d
on MSN
Why Intel Stock Popped on Monday
Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
7d
Here's Why Intel (NASDAQ:INTC) Can Afford Some Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he ...
19h
on MSN
Intel Corporation (INTC): Ohio Plant Secures $1.5B from CHIPS Act Amid Operational Delays
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
3d
on MSN
Intel, AMD in focus as Bernstein weighs in on PC, server markets
Intel (NASDAQ:INTC) and AMD (NASDAQ:AMD) were in the spotlight on Monday as Bernstein weighed in on the PC and server markets ...
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