Intel, Ohio and Chips

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's windfall from the CHIPS Act sees cuts, with a deal in hand
The Biden administration trimmed about $500 million from their initial $8.5 billion award to Oregon's biggest private employer, but it's not all bad news for Intel.
Wiggle room in Intel's timeline doesn't dim Central Ohio celebration of Chips grant
Central Ohio business leaders are unfazed by the apparent wiggle room in Intel's Chips Act grant agreement on when the fabs open.
Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 billion in CHIPS Act funding, down from the originally announced $8.5 billion preliminary agreement in March.
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor manufacturing on US soil.
Intel, Commerce Department Finalize $7.9 Billion Chip Making Grant
More than two years since the signing of the CHIPs Act, funding is finally flowing to some of the mega-projects that the semiconductor bill intended to support.
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 ...
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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 secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in ...
Intel Corporation (INTC): $500M CHIPS Act Investment to Modernize Rio Rancho Fabs, Creating 4,300 Jobs
We recently compiled a list of the 15 AI Stocks That are Making Headlines. In this article, we are going to take a look at ...
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 ...
Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of ...
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 ...