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Intel Finalizes CHIPS Funding
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 awarded $7.865 billion to the company via direct funding from the Chips and Science Act.
Intel gets its billions in CHIPS Act funding for semiconductor manufacturing
Intel is working to build two factories in Licking County near Columbus to manufacture semiconductors, but the company previously said the $28 billion project has been delayed as Intel awaited federal aid from the CHIPS Act.
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science Act.
FOX8 Cleveland on MSN
2h
CHIPS Act funding approved for Intel plant in central Ohio
NEW ALBANY, Ohio (WCMH) –
Intel
now has funding through the federal government and the
CHIPS
act
to advance its plans ...
1d
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.
21h
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 ...
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