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

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

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The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...

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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 ...

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Intel Corporation (NASDAQ: INTC) is expected to see its funding under the CHIPS Act drop to below $8 billion from $8.5 ...

Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...