The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has ...
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 ...
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
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The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
(Credit: Intel Corporation) The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through ...
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...
Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.
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