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 European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...

President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.

GlobalFoundrieswill receive up to $1.5 billion in federal funding through the CHIPS and Science Act to upgrade existing ...

The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...

The CHIPS Act provides for $39B in grants, billions more in loans and 25% tax credits to boost domestic chip manufacturing ...

Ansys has been awarded a contract to supply simulation services to Microelectronics Commons, a collaborative national network ...

The president just secured a $6.6 billion deal to build factories in Arizona—setting up a showdown when Trump, who is ...

The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...

In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ...

The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...