The Biden-Harris Administration announced that the U.S. Department of Commerce awarded Intel Corporation up to $7.865 billion ...
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
Intel's $7.86B subsidy mandates it keep majority control of its chip unit, Intel Foundry, and get US approval for ownership ...
Intel must maintain control of Intel Foundry even in case it decides to spin it off into a separate private or public company ...
CHIPS act prevents it Chipzilla said its deal for $7.86 billion in US government subsidies restricts the company's ability to ...
The US Commerce Department announced the subsidy in an effort to revitalize chip manufacturing in the United States.
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The latest announcement is out from Intel ( (INTC) ).
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...
The U.S. Department of Commerce has awarded Intel more than $7.8 billion under the CHIPS incentives initiatives for commercial fabrication facilities. The company has said it needs the money to build ...
The CHIPS Act award will directly support Intel’s investments at sites where the company develops and produces many of the ...