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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.
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 Arizona, New Mexico, Ohio and Oregon.
1d
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 ...
5d
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 ...
Guru3D.com
21h
Intel Secures $7.86 Billion US Grant for Domestic Semiconductor Manufacturing Under Chips and Science Act
The United States government has allocated $7.86 billion in grants to Intel Corporation for building and upgrading semiconductor fabrication facilities in various states.
Electronic Design
13h
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 ...
6d
Upstate NY microchip manufacturer finalizes $1.5B CHIPS Act agreement
Money from the CHIPS and Science Act is officially coming to Upstate New York. GlobalFoundries’ $1.5 billion agreement with ...
1d
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.
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