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.
Opinion
EDITORIAL: Vigilance needed against CHIPS repeal
When the CHIPS and Science Act was passed in 2022 and signed into law by President Joe Biden, it was hailed as a major win for Ohio, authorizing about $280 billion in federal funds to boost research ...
Intel’s CHIPS Act funding set to be slashed by the Biden administration, reports say
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
Feds to reduce Intel's $8.5B CHIPS Act award, report says
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...
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’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.
EU Chips Act 2.0 should include legacy chips, says industry group chief
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
Intel's $8.5B Chips Act award faces cut, report says
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
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Fine print in Intel's CHIPS Act deal includes requirement to keep control of its foundries
That will limit Chipzilla's ability to cash in and bail itself out Intel has quietly revealed that the $7.86 billion of cash ...