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.
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...
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 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 ...
The Intel N150 processor is expected to be a modest update to the popular Intel N100 chip that’s been used in many budget ...
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 ...
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
The U.S. government is reportedly reducing Intel Corp's preliminary $8.5 billion federal chips grant to under $8 billion, ...