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 ...
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...
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 ...
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...