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US may reduce Intel’s $8.5 billion chips grant
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
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. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon,
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
Intel won't be happy about the 6% reduction in subsidies but certainty that the rest of the money is coming would be welcome.
Biden administration to reduce Intel's $8.5B CHIPS Act grant - report
The Biden administration is reportedly planning to reduce Intel's CHIPS Act funding grant to less than $8B. Read more.
29m
US Finalizes Awards to BAE Systems, Rocket Lab for Semiconductor Chips
WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government ...
3d
on MSN
Biden administration rushes to finalize CHIPS Act funding
President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.
17h
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips
If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing ...
2d
on MSN
AI’s Future and Nvidia’s Fortunes Ride on the Race to Pack More Chips Into One Place
Musk’s xAI and Meta are among those building super clusters of computer servers with as many as 100,000 of Nvidia’s most ...
3d
EU Chips Act 2.0 should include legacy chips, says industry group chief
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
5d
on MSN
US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
4d
on MSN
Biden admin Commerce Dept seeks to exhaust CHIPS Act funding before Biden leaves office
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
4d
US finalizes $1.5 billion chips award for GlobalFoundries to expand production
The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand ...
4d
GlobalFoundries signs its $1.5B CHIPS contract for second New York fab
MALTA – GlobalFoundries and the U.S. Commerce Department finalized the terms for a $1.5 billion federal grant to support a ...
2d
on MSN
Anthropic will use AWS AI chips after $4 billion Amazon investment
Amazon is doubling its investment in Anthropic. The e-commerce giant will provide Anthropic with an additional $4 billion in ...
3d
Qualcomm Snapdragon 8 Elite vs. Apple A18 Pro: two top-tier chips clash
Qualcomm has taken the wraps off the Snapdragon 8 Elite, its newest and most powerful processor. How does it compare to the ...
6d
on MSN
Sagence is building analog chips to run AI
Sagence AI, the startup previously known as Analog Inference, is building analog chips to run AI models more efficiently.
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