Intel, Biden

Intel’s $7.9B subsidy deal comes at a high price for the chipmaker
In September, Intel CEO Pat Gelsinger announced plans to spin off Intel Foundry, citing potential flexibility to secure independent funding.
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.
Intel awarded almost $8 billion in bid to protect US chipmaking interests
The Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce today is the largest award granted under the CHIPS Act to date,
Intel secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The money will be split among Intel projects in Arizona, Oregon, Ohio and New Mexico, but with Arizona receiving about half of the total at $3.94 billion. The Arizona funding will support the construction of two new factories or fabs in Chandler and the modernization of a third fab there.
Intel, feds reach deal on $8B in CHIPS money
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.
Workers demand more transparency after Intel secures $8B CHIPS funding
Initially, Intel was awarded $8.5 billion, but it was decreased after Intel won a $3 billion subsidy from the Pentagon to expand Department of Defense semiconductor manufacturing. In a press release,
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden administration.
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell ...
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
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 ...
Intel Gets $7.9 Billion Chips Award for US Factory Expansion
The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...
Intel Ultra Series 2: 3 Reasons It’s Fit For Steam Deck 2
While a Steam Deck 2 may not be coming soon, such a device powered by an Intel Ultra Series 2 processor could be something ...
Apple M4 vs Intel Lunar Lake: Benchmark Comparison
We have benchmarked Apple M4 and Intel Lunar Lake to find out which chipset offers the best performance and efficiency.
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Intel plans to release more desktop GPUs after the first Arc Battlemage card debuts in December
The first desktop Battlemage GPU product, the Intel Arc B580, is around the corner and it looks like Intel still has plans ...