The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
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 ...
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...
Gelsinger spent most of his career at Intel, rising to chief technology officer before leaving to run VMWare in 2012 and then ...