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Intel Receives $7.9 Billion in Chips Act Funding
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
Intel Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had proposed up to $8.5 billion in grants to Intel.
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act.
Electronic Design
24m
White House Finalizes $6.6B in Funding to Boost TSMC Chip Production
TSMC will funnel the funds toward construction of a trio of Arizona-based semiconductor manufacturing plants in efforts to ...
Renewable Energy World
41m
The Biden Administration has spurred $1 trillion in clean energy investments
The Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act have catalyzed more than $1 ...
1d
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
Engineering News-Record
16h
Biden-Harris Administration Finalizes $7.9B in CHIPS Act Funding for Intel
Intel will use the funding for its commercial semiconductor manufacturing and packaging projects under construction in ...
CRN
21h
Intel To Get Nearly $8B In Subsidies In US CHIPS Act Deal
Intel said it has finalized a deal with the White House to receive nearly $8 billion in federal funding to subsidize new chip ...
4d
Micron's CHIPS and Science Act funding could become official before 2025, McMahon says
CHIPS Act funding could officially be designated for Micron's Central New York project before the new year, according to ...
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