Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
Intel’s CHIPS Act grant reduced as production delays and losses mount
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
US may reduce Intel’s $8.5 billion chips grant: This may be the reason
The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the ...
US To Cut Intel's CHIPS Grant Amid Investment Setbacks And Historic Losses: Report
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ...
Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks ...
Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: Report
The U.S. government plans to reduce Intel's $8.5 billion CHIPS Act grant amid delayed timelines, business challenges, and shifting funding priorities for semiconductor production.
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Weekly news roundup: Trump's return casts shadow over TSMC's AI chip expansion
A wave of disruptions is reshaping the global semiconductor landscape in late 2024, as TSMC recalibrates its expansion plans ...
US to cut Intel’s US$8.5bil chips grant as tech giant struggles
The Biden administration plans to reduce Intel’s preliminary US$8.5 billion (S$11.5 billion) federal Chips grant, a move that ...