The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
We recently published a list of 15 AI News Investors Are Paying Attention To. In this article, we are going to take a look at ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business ...
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ...
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.
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks ...