Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct subsidy from a program to boost domestic semiconductor manufacturing.
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.
US finalizes $7.86 billion chips manufacturing award for Intel
The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel , down from $8.5 billion announced in March after the California-based chips maker won a separate $3 billion award from the Pentagon.
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt to cut U.S. dependence on imports.
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil.
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science Act.
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
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, feds reach deal on $8B in CHIPS money
After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8 billion in direct CHIPS Act funding.
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
AZ Central1d
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
“The CHIPS for America program will supercharge American innovation and technology and make our country more secure — and ...