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.
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 stakes in its chipmaking unit if it becomes an independent entity.
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other AI stocks you should not ignore.
Intel To Receive Nearly $8 Billion In Federal Funding Under CHIPS Act for US Expansion
Intel receives $7.86B in funding from U.S. Department of Commerce under CHIPS Act, supporting semiconductor manufacturing and creating jobs.
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.
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US soil.
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 Receives $7.9 Billion in Chips Act Funding. There Are Strings Attached.
The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had proposed up to $8.5 billion in grants to Intel.
Intel close to finalizing $8B CHIPS Act grant, CNBC says
Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with
Intel Corp (INTC) Secures $7.86B US Government Deal: Boost for Semiconductor Manufacturing
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at ...
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Intel and Biden-Harris Administration finalize $7.86 billion funding award under U.S. CHIPS Act
The CHIPS Act award will directly support Intel’s investments at sites where the company develops and produces many of the ...
Intel Is Steering The Ship To Profitability (Rating Upgrade)
Intel faced a challenging quarter with -6% top-line decline and significant impairments, but management is positioning for ...
Intel Corporation (INTC): Ohio Plant Secures $1.5B from CHIPS Act Amid Operational Delays
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
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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Intel Corporation (INTC): An AI Stock Grabbing Investor Attention
We recently compiled a list of the 15 AI News and Ratings Grabbing Investor Attention. In this article, we are going to ...
Intel (INTC) Leads the Charge with Open Platform for Enterprise AI (OPEA)
We recently published a list of 10 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...