The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
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.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
The Intel N150 processor is expected to be a modest update to the popular Intel N100 chip that’s been used in many budget ...
The $8.5 billion in direct grants were part of a larger package of loan guarantees, tax incentives and other measures ...
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business ...
Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...