Intel, Biden-Harris Administration Finalize $7.86 Billion Funding...
1 day ago · NEWS HIGHLIGHTS . The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. ... The CHIPS Act award will directly support Intel’s investments ...
Biden Cuts Intel’s Chip Award by More Than $600 Million
1 day ago · The Biden administration said Tuesday that it would award up to $7.86 billion in direct funding to Intel, with the U.S. chip giant set to receive at least $1 billion of that money before the end ...
Intel and Biden Administration finalize $7.86B CHIPS Act grant for ...
1 day ago · The U.S. Department of Commerce confirmed on Tuesday 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 ...
Intel close to $8 billion CHIPS Act grant: Source - CNBC
2 days ago · The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
US plans to reduce Intel's $8.5 billion federal chips grant below $8 ...
2 days ago · The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.
Washington Curtails Intel’s Chip Grant After Company Stumbles
2 days ago · Intel, the biggest recipient of money under the CHIPS Act, will see its funding drop to less than $8 billion from the $8.5 billion that was announced earlier this year, four people familiar with ...
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
Mar 20, 2024 · U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
Mar 20, 2024 · CHANDLER, Ariz. — President Biden announced a deal with Intel that will give the chipmaker up to $8.5 billion in grants and another $11 billion in loans to build semiconductor plants in four...
US CHIPS Act Funding for Intel
Mar 21, 2024 · Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
Biden-Harris Administration Announces Preliminary Terms with Intel …
Mar 20, 2024 · Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms (PMT) to provide up to $8.5 billion in direct funding under the CHIPS and Science Act to strengthen the U.S. supply chain and re-establish American leadership in semiconductor ...