CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.

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

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.

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 ...

The U.S. government plans to reduce Intel Corp’s $8.5 billion federal chips grant to under $8 billion, according to a report.

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

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 Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...

Oil prices have retreated on Monday following 6% gains last week, but remained near two-week highs as geopolitical tensions ...

Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with ...