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Intel’s CHIPS Act grant reduced

NBC New York · 3h

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

US cuts Intel’s federal chips grant to below $8bn amid new deal

The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.

Computerworld · 5h

Intel’s CHIPS Act grant reduced as production delays and losses mount

Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.

1h

Intel’s CHIPS Funding Reportedly Reduced

A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business ...

1h

What's Going On With Intel Shares Monday?

Intel stock is trading higher on Monday following a report indicating that the company is close to securing a $8 billion ...

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