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.

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 ...

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

As Donald Trump's inauguration fast approaches, Gina Raimondo, the US Secretary of Commerce, revealed to that she instructed ...

Intel Corporation (NASDAQ: INTC) is expected to see its funding under the CHIPS Act drop to below $8 billion from $8.5 ...

(Reuters) - The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 ...

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.

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 ...

Oil prices have retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions ...