The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
The Biden administration is in the uncomfortable position of awarding subsidies to a company that's cutting jobs.
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
(Credit: Intel Corporation) The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through ...
The awards are part of the Chips and Science Act, a law passed in 2022 with strong bipartisan support that allocates $52 ...
The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has ...
The government grant is less than originally expected because the chip giant is also receiving separate funding for ...
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.
SCOTT KENNEDY is Senior Adviser and Trustee Chair in Chinese Business and Economics at the Center for Strategic and ...
Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.