Intel's CHIPS Act funding could disappear if the company ditches its plans to expand its manufacturing footprint.
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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 could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the ...