Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
but the company previously said the $20 billion project has been delayed as Intel awaited federal aid from the CHIPS Act. Ohio Gov. Mike DeWine cheered the CHIPS funding, calling it "a much-needed step forward in the important objective of making the most ...
CHIPS Act funding approved for Ohio Intel plant
Oregon is No. 1 for the sixth straight week and Ohio State, Texas and Penn State held their places behind the Ducks, who are the last unbeaten team. A 22-year-old social media influencer on TikTok with nearly 300,
Intel Gets $7.86 Billion U.S. CHIPS Act Grant for New Factories
Intel's $7.86 billion boost under the Chips Act aims to modernize U.S. tech infrastructure and reduce reliance on Asian semiconductor sources.
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Intel’s CHIPS Act grant reduced as production delays and losses mount
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Intel’s CHIPS Act funding set to be slashed by the Biden administration, reports say
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp. under the CHIPS Act, adding to the struggling U.S. chipmaker’s woes.
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
US Plans to Reduce Intel's $8.5 Billion Federal Chips Grant Below $8 Billion - New York Times
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,
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science Act, according to multiple reports.
Intel close to finalizing $8B CHIPS Act grant, CNBC says
Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with
Intel expects reduced U.S. grant after winning defense contract
Intel expects a small reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker, according to a person familiar with the matter. The $8.5 billion in direct grants were part of a larger package of loan guarantees,
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in ...
Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The government has finalized its grant to Intel.On Tuesday, the Biden administration announced the Commerce Department has ...
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing
The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and ...
Intel initially could open half its New Albany complex based on demand, federal officials say
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...