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 where Intel Corporation (NASDAQ:INTC) stands against other AI news updates Wall Street is monitoring.
Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing.
U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing
The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and Science Act. That’s down from $8.5B funding initially proposed in March. The final total award is less than the proposed preliminary award due to a congressional requirement to use CHIPS funding to pay for the Secure Enclave
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 Intel Corporation (NASDAQ:INTC) stands against the other AI stocks. Even as the United States pursues a tougher trade policy towards China,
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 ...
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Biden Administration Awards Intel US$7.9 Billion for Semiconductor Sector Growth
The Biden-Harris administration has announced a US$7.87 billion funding agreement with Intel (NASDAQ:INTC) under the CHIPS ...
Why Intel Stock Popped on Monday
Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
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‘The Worst Is Over,’ Says Top Investor About Intel Stock
Intel (NASDAQ:INTC) shares have had to confront a steep decline this year, embodying the notion that sometimes one must hit rock bottom before any signs of recovery appear. Unlock your investing ...
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 ...