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.
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had proposed up to $8.5 billion in grants to Intel.
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The U.S. government is granting Intel up to $7.87 billion to help fund new chip plants in four states, the largest award in the Biden administration program aimed at reviving American chip-making.The funds are less than the $8.
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science Act, according to multiple reports.
Biden administration to release $1.5 billion in CHIPS Act for Intel’s Ohio project
Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.
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 ...
Arizona Chip Plant Gets $6.6 Billion Ahead of Trump Return
Taiwan Semiconductor Manufacturing's U.S. unit will get federal money from the CHIPS Act, and will share some profits with ...
US to Introduce New Restrictions on China’s Access to Cutting-Edge Chips
The new limits, which are expected to be announced Monday, are intended to slow China’s ability to build large and powerful ...
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 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 ...
AZ Central3d
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The Biden Administration has celebrated the CHIPS Act legislation, enacted in 2022, as one of its signature achievements, ...
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.
Microsoft to launch new custom chips for data processing, security
Microsoft's announcing chips to power workloads on Azure, including a hardware accelerator to offload and manage data ...