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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.
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 ...
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The U.S. Commerce Department announced the subsidy to Intel on Tuesday,
2d
on MSN
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 ...
PCMag on MSN
2d
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.
6d
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 ...
CRN
2d
Intel To Get Nearly $8B In Subsidies In US CHIPS Act Deal
Intel said it has finalized a deal with the White House to receive nearly $8 billion in federal funding to subsidize new chip ...
6d
on MSN
Biden administration rushes to finalize CHIPS Act funding
The White House is rushing to wrap up deals with chipmakers like Intel, Samsung and Micron Technology during the final period ...
8d
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 ...
2d
Intel To Receive Nearly $8 Billion In Federal Funding Under CHIPS Act for US Expansion
Intel receives $7.86B in funding from U.S. Department of Commerce under CHIPS Act, supporting semiconductor manufacturing and ...
7d
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 ...
Business Wire
2d
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS ...
Electronic Design
1d
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 ...
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