The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS ...
WASHINGTON (Reuters) - The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for ...
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...
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 Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
The awards are part of the Chips and Science Act, a law passed in 2022 with strong bipartisan support that allocates $52 ...
The government grant is less than originally expected because the chip giant is also receiving separate funding for ...