Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
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The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
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Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...
Intel and the Chips Act office are nearing a deal for an $8 billion dollar grant to support the company's factory construction efforts.
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act. "Hopeful 1958 high school seniors compared to today’s. David Hoffman presents captivating documentaries and ...