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Intel Receives $7.9 Billion in Chips Act Funding
Intel Receives $7.9 Billion in Chips Act Funding, but Says It Won’t Take Federal Loans
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had proposed up to $8.5 billion in grants to Intel.
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
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 direct funding under the CHIPS and Science Act, the largest such grant to any company but slightly below the preliminary $8.5 billion that had been announced earlier.
7d
Micron's CHIPS and Science Act funding could become official before 2025, McMahon says
CHIPS Act funding could officially be designated for Micron's Central New York project before the new year, according to ...
9d
on MSN
Biden admin Commerce Dept seeks to exhaust CHIPS Act funding before Biden leaves office
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
7d
GlobalFoundries confirms $1.5 billion award from the US Chips and Science Act
The previously leaked decision to award GlobalFoundries $1.5 billion in subsidies to manufacture chips in the US is now ...
8d
Upstate NY microchip manufacturer finalizes $1.5B CHIPS Act agreement
Money from the CHIPS and Science Act is officially coming to Upstate New York. GlobalFoundries’ $1.5 billion agreement with ...
Hosted on MSN
1d
Intel's CHIPS Act funding restricts the sale of foundry buisness — company has to maintain majority share if it spins off manufacturing unit
Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company ...
Electronic Design
2d
White House Finalizes $6.6B in Funding to Boost TSMC Chip Production
TSMC will funnel the funds toward construction of a trio of Arizona-based semiconductor manufacturing plants in efforts to ...
3d
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
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