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  2. Reuters
    https://www.reuters.com/technology/us-plans-reduce...

    US plans to reduce Intel's $8.5 billion federal chips grant below $8 ...

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    Intel Corporation
    Reuters
  3. U.S. Department of Commerce
    https://www.commerce.gov/news/press-releases/2024/...

    Biden-Harris Administration Announces CHIPS Incentives Awards …

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    Joe Biden
    Chips, Manchester
    United States Department of Commerce
  4. US News
    https://www.usnews.com/news/top-news/articles/2024...

    US Finalizes Awards to BAE Systems, Rocket Lab for …

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    BAE Systems
    Rocket Lab
  5. NIST
    https://www.nist.gov/news-events/news/2024/11/...

    Biden-Harris Administration Announces CHIPS Incentives Awards …

    Tags:
    Joe Biden
    Chips, Manchester
    BAE Systems Inc.
  6. Benzinga
    https://www.benzinga.com/24/11/42157390/intels...

    Intel's Federal Chips Grant Shrinks Below $8B As Biden ... - Benzinga

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    Joe Biden
    Chips, Manchester
  7. Seeking Alpha
    https://seekingalpha.com/news/4328735-biden...

    Biden administration to reduce Intel's $8.5B CHIPS Act grant - report

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    Joe Biden
    Intel Corporation
  8. People also ask
    Will the US reduce Intel's chips grant to less than 8 billion?
    (Reuters) - 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, the people told the Times.

    US plans to reduce Intel's $8.5 billion federal chips grant below $8 billio…

    msn.com
    What does Intel's 'chips Act' mean for chip production?
    The adjustment reflects Intel's $3 billion contract with the Pentagon for chip production. The CHIPS Act signed into law in 2022, allocated $52.7 billion to strengthen U.S. semiconductor production and research, with $39 billion earmarked for production subsidies and $11 billion for R&D.

    Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration R…

    msn.com
    Who is covering the chips act in 2022?
    President Biden with Intel’s chief executive, Pat Gelsinger, and Commerce Secretary Gina Raimondo at an Intel campus in Arizona in March. Tom Brenner for The New York Times Tripp Mickle, who reports from San Francisco, and Ana Swanson, who reports from Washington, have been covering the CHIPS Act since 2022.

    Washington Curtails Intel’s Chip Grant After Company Stumbles

    nytimes.com
    How much money did VC-backed chip startups raise?
    From January to July, VC-backed chip startups raised nearly $5.3 billion — a number well ahead of last year, when such firms saw less than $8.8 billion raised in total. This being the case, chipmaking is an expensive proposition — made all the more challenging by international sanctions and tariffs promised by the incoming Trump administration.

    Sagence is building analog chips to run AI

    msn.com
    What happened to Intel's business?
    But since then, Intel’s business has faltered. Its sales declined 6 percent in its most recent quarter, and it is in the process of cutting 15,000 jobs. The company has said its revenue in the current period will surpass $13.3 billion, which exceeded analysts expectations and lifted its share price by 12 percent.

    Washington Curtails Intel’s Chip Grant After Company Stumbles

    nytimes.com
    What's going on with the F-15 & F-35 chips?
    The chips are critical to F-15s and F-35s. The Commerce Department is also finalizing $23.9 million for Rocket Lab unit SolAero Technologies Corp, which the government said would boost the company's production of solar cells by 50% over the next three years.

    US Finalizes Awards to BAE Systems, Rocket Lab for Semiconductor Chips

    usnews.com
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  9. SRN News
    https://srnnews.com/us-finalizes-awards-to-bae...

    US finalizes awards to BAE Systems, Rocket Lab for semiconductor …

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    BAE Systems
    Rocket Lab
  10. International Business Times
    https://www.ibtimes.com/us-cut-intels-chips-grant...

    US To Cut Intel's CHIPS Grant Amid Investment Setbacks And …

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    Intel Corporation
    Cut
  11. The Indian Express
    https://indianexpress.com/article/technology/tech...

    US plans to reduce Intel’s $8.5 billion federal chips grant below $8 ...

    Tags:
    Intel Corporation
    Technology
  12. The Star
    https://www.thestar.com.my/aseanplus/aseanplus...

    US to cut Intel’s US$8.5bil chips grant as tech giant struggles

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    Cut
    Investment
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