The Biden administration plans on reducing part of Intel's $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on ...
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
Intel was due to receive an $8.5 billion CHIPS grant, but that figure's now been reduced to less than $8 billion, The New ...
Intel is finalizing a deal for an $8B grant to build more factories even as it pares back its real estate holdings.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
"Chipmaker Intel and the CHIPS Act Office are close to finalizing a deal which would award the company a roughly $8 billion ...
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
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Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: ReportIntel, the largest beneficiary of CHIPS Act funding, is set to receive less than $8 billion, a reduction from the $8.5 ...
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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