intel chips grant news - Search News

Washington Curtails Intel’s Chip Grant

FOX News on MSN · 5h

Biden admin reducing Intel chip grant below $8B: reports

The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science Act, according to multiple reports.

The New York Times · 22h

Washington Curtails Intel’s Chip Grant After Company Stumbles

The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.

NBC New York · 11h

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

7h

US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?

According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under ...

7hon MSN

US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times

The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.

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