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US Government to Trim Intel Chips Funds
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under the CHIPS and Science Act from $8.5 billion to less than $8 billion. On the condition of anonymity,
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
The Commerce Department has reduced Intel’s CHIPS Act award by at least $500 million, to less than $8 billion, according to a report Sunday in The New York Times. The newspaper, citing four anonymous sources,
Intel’s CHIPS Funding Reportedly Reduced
A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business struggles.
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
Intel's Federal Chips Grant Shrinks Below $8B As Biden Administration Recalibrates CHIPS Act Funding: Report
Intel, the largest beneficiary of CHIPS Act funding, is set to receive less than $8 billion, a reduction from the $8.5 billion initially announced earlier this year, reported the New York Times, citing four people familiar with the matter.
6h
on MSN
Intel's 20-year-old AI ethics prodigy on the future of artificial intelligence
Following a period studying neurobiology and during the completion of her first computer science degree, Cheruvu was hired ...
42m
on MSN
Intel Corporation (INTC) Highlights AI PC Benefits with Study Showing 4 Hours Weekly Productivity Boost
We recently compiled a list of the 10 AI News and Ratings Investors Should Not Miss. In this article, we are going to take a ...
9h
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...
10h
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 ...
6h
on MSN
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
6h
on MSN
Commerce Department to reduce Intel’s funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
23h
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
14h
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.
7h
on MSN
Intel Corp (INTC) May Sell Altera: Lattice Semiconductor Eyes Acquisition
We recently published a list of 15 AI News That Broke The Internet This Week. In this article, we are going to take a look at ...
Business Wire
12d
Intel Corporation to Participate in Upcoming Investor Conferences
SANTA CLARA, Calif.--(BUSINESS WIRE)--
Intel
Corporation
today announced that company executives will participate in the ...
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