Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Intel won't be happy about the 6% reduction in subsidies but certainty that the rest of the money is coming would be welcome.
The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ...
Intel Corporation (NASDAQ: INTC) is expected to see its funding under the CHIPS Act drop to below $8 billion from $8.5 ...
The Biden administration is reportedly planning to reduce Intel's CHIPS Act funding grant to less than $8B. Read more.
The U.S. government plans to reduce Intel's $8.5 billion CHIPS Act grant amid delayed timelines, business challenges, and shifting funding priorities for semiconductor production.
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...
Oil prices have retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions ...
TSMC's Phoenix chip factories likely won't eliminate US dependence on tech from Taiwan. Experts told BI that TSMC's most ...
The European Semiconductor Industry Association (ESIA) has urged the European Commission to expand its semiconductor strategy ...