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.
Where the CHIPS Act money has gone - The Verge
Jun 7, 2024 · Intel received the biggest direct investment through the CHIPS Act, with $8.5 billion for its semiconductor projects. TSMC received $6.6 billion in funding, while Samsung rounded out the top...
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 ...
US CHIPS Act Funding for Intel
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 …
Intel Awarded up to $3B by the Biden-Harris Administration for …
Sep 16, 2024 · SANTA CLARA, Calif., September 16, 2024 – The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.
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...
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 awards Chips Act funds to Intel in Phoenix - The Washington Post
Mar 20, 2024 · The Biden administration is awarding up to $8.5 billion in grants and $11 billion in loans to tech giant Intel to support computer-chip production in several states, in one of the nation’s...
Trump’s Win Has Biden Rushing to Finalize Chips Act Deals With Intel …
6 days ago · The Commerce Department has allocated more than 90% of the $39 billion in grants under the 2022 Chips and Science Act, a landmark law designed to rebuild the domestic chip industry. But the agency ...