CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...
The US is reducing its CHIPS & Science Act grant allotted to Intel (INTC) to below $8 billion, down from the originally ...