The U.S. government is granting Intel up to 7.87 billion U.S. dollars to help fund new chip plants in four states, the largest award in the Joe Biden administration program aimed at reviving American ...
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US ...
In August, the chipmaker announced that it would cut 15% of its workforce — about 15,000 jobs — in an attempt to turn its ...
The strategy is an evolution of Intel’s traditional integrated device manufacturing model where it fabricates the chips it ...
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...
The US government has offered Intel up to $7.8 billion in direct funding for its commercial semiconductor manufacturing ...
Ohio Governor Mike DeWine and Lt. Governor Jon Husted released the following statement Tuesday in response to the final approval of the CHIPS Act agreement between Intel and the federal government: ...