Intel CEO is "frustrated" with CHIPS Act payout progress — Intel …
Oct 25, 2024 · The Biden-backed CHIPS Act represents $280 billion of funding for semiconductor manufacturing in the United States, giving the Commerce Dept. the ability to provide 10-figure grants and loans to...
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
Mar 20, 2024 · U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
CHIPS Act: Business groups in Ohio call for quick release of money
19 hours ago · The CHIPS & Science Act provides $52.7 billion in aid and other tax incentives as part of the effort to bring back production of semiconductors, critical devices that power everything from cars to ...
US CHIPS Act Funding for Intel
Mar 21, 2024 · Funding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
Intel awarded up to $3 billion under CHIPS Act - CNBC
Sep 16, 2024 · The Biden administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the "Secure Enclave" program, which is designed to expand the supply of ...
Intel is on track to receive its $8.5 billion CHIPS Act award by year ...
Sep 27, 2024 · The CHIPS Act award will give Intel a much-needed cash boost, especially as the company struggles to stay afloat. In addition to the $8.5 billion in direct investment, the CHIPS Act will...
Biden-Harris Administration Announces Preliminary Terms with Intel …
Mar 20, 2024 · Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms (PMT) to provide up to $8.5 billion in direct funding under the CHIPS and Science Act to strengthen the U.S. supply chain and re-establish American leadership in semiconductor ...
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
Mar 20, 2024 · CHANDLER, Ariz. — President Biden announced a deal with Intel that will give the chipmaker up to $8.5 billion in grants and another $11 billion in loans to build semiconductor plants in four...
White House awards Intel $8.5 billion in CHIPS Act funding - Yahoo Finance
Mar 20, 2024 · The White House on Wednesday announced it will provide Intel with $8.5 billion in funding through the CHIPS Act. The infusion of cash, Intel (INTC) says, will fund sites at locations...
Intel Celebrates CHIPS and Science Act Direct Funding …
Mar 20, 2024 · The proposed funding will support new construction, expansion and tool modernization at Intel’s U.S.-based sites in Arizona, New Mexico, Ohio and Oregon, enabling the company to produce the world’s most advanced chips by 2025.