Intel’s CHIPS Act grant reduced

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
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.
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
Intel won't be happy about the 6% reduction in subsidies but certainty that the rest of the money is coming would be welcome.
Biden administration to reduce Intel's $8.5B CHIPS Act grant - report
The Biden administration is planning to reduce Intel's (NASDAQ:INTC) preliminary $8.5B CHIPS Act funding grant, the biggest award under the initiative, to less than $8B, four sources told The New York Times.
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.
US To Cut Intel's CHIPS Grant Amid Investment Setbacks And Historic Losses: Report
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ever to reduce its costs.
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources.
Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: Report
The U.S. government reportedly plans to reduce Intel Corp's (NASDAQ:INTC) $8.5 billion federal chips grant. What Happened: ...
techzine5h
Intel’s U.S. CHIPS Act subsidy slims down to $8 billion
Intel will get less than $8 billion from the U.S. government rather than $8.5 billion in subsidies. The cause is said to be a ...
Digi Times10h
Raimondo's race against time: Intel, Samsung CHIPS Act deals hang in balance
As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to that she instructed ...
Will the CHIPS Act survive a Trump presidency?
The CHIPS Act is providing funding and tax breaks for multiple semiconductor makers to build new plants and R&D facilities on ...
Where is the CHIPS Act funding for Ohio’s Intel plant?
Ohio officials are trying to get federal funding for Intel’s multi-billion dollar manufacturing facility, but as the months ...
US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...