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Intel awarded $7.9 billion from the CHIPS Act
Intel awarded almost $8 billion in bid to protect US chipmaking interests
The Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce today is the largest award granted under the CHIPS Act to date, though notably smaller than the up to $8.5 billion earmarked for the chip maker in March.
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's second term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil.
US finalizes $7.86 billion chips manufacturing award for Intel
WASHINGTON, Nov 26 (Reuters) - The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for
Intel
(INTC.O), opens new tab, down from $8.5 billion announced in March after the California-based chips maker won a separate ...
Qualcomm's interest in acquiring Intel has cooled
Qualcomm’s interest in buying rival Intel is reportedly fading
Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.
Qualcomm's interest in acquiring Intel has cooled, Bloomberg News reports
Qualcomm's interest in acquiring Intel is said to have cooled due to complexities associated with the deal, Bloomberg News reported on Monday, citing people familiar with the matter. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm,
Qualcomm’s Takeover Interest in Intel Is Said to Cool
Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, upending what would have likely been one of the largest technology deals of all time.
3h
on MSN
Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
4h
U.S. finalizes $11 billion for Intel as time runs out on Biden’s chip plan
Troubled chipmaker Intel, which announced huge layoffs in August, will receive $11 billion under the Chips Act, in an attempt ...
21h
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
1d
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.
Analytics India Magazine
4h
Intel’s Promise to IISc is 10 AI PCs, for Now
Intel announced the establishment of its AI PC Experience Development Centres at two premier institutions: IISc and IITH.
TweakTown
8h
New Intel driver for Z890 motherboards boosts Core Ultra 200S gaming performance
ASRock urges Intel Core Ultra 200S owners with one of their Z890 motherboards to install the latest Intel Platform Power ...
16h
on MSN
Intel's 20-year-old AI ethics prodigy on the future of artificial intelligence
Today, as one of Intel's AI architects and "evangelists" — yes, that's the real word — the 20-year-old is on the forefront of ...
21h
on MSN
Why Intel Stock Popped on Monday
Intel ( INTC 3.25%) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
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