Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Intel's windfall from the CHIPS Act sees cuts, with a deal in hand
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private ...
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Fine print in Intel's CHIPS Act deal includes requirement to keep control of its foundries
That will limit Chipzilla's ability to cash in and bail itself out Intel has quietly revealed that the $7.86 billion of cash ...
Intel’s CHIPS Act funding set to be slashed by the Biden administration, reports say
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Intel's $8.5B Chips Act award faces cut, report says
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
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.
Intel ruled tech. Now it’s in deep trouble
When legendary former Intel CEO Andy Grove wrote his bestseller “Only the Paranoid Survive” in 1996 about how to predict tech inflection points that might undermine a business, the notion that his ...
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in ...
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
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Intel’s CHIPS Act funding cut by over $600 million
The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from ...
Feds to reduce Intel's $8.5B CHIPS Act award, report says
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...
Intel’s Big Bet That Sank the Stock and Its CEO
Analysts expect a shake-up to Intel’s foundry business on the heels of Pat Gelsinger’s dramatic exit. The CEO’s sudden retirement has intensified concerns about Intel’s chip-making operation, which ...