Fed officials finalize $7.8 billion in grants for Intel projects, including $1.5 billion in Ohio
Computer chip manufacturer Intel has faced setbacks with its “Silicon Heartland” fab currently under construction outside New Albany, Ohio. But after protracted negotiations, $7.8 billion in federal grants are beginning to flow to Intel projects around the country.
Ohio is set to boost its tech industry with Intel's CHIPS Act funding, potentially transforming the state into a high-tech ...
After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8 billion in direct CHIPS Act funding.
The agreement for the struggling chipmaker, smaller than an earlier proposed award, means that Intel can begin receiving ...
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...
T he U.S. government is scaling down Intel's proposed $8.5 billion federal chips grant to less than $8 billion, partly due to ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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