Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
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The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.
The law's biggest beneficiary is Intel, which lost more than half its market value this year as competitors soared.
It's the final trading hour of the day, which means it's time for Market Domination hosts Julie Hyman and Josh Lipton to ...
Time's running out. The Biden administration is in a mad dash to finalize billions in CHIPS Act deals before Trump takes ...
Intel and the Chips Act office are nearing a deal for an $8 billion dollar grant to support the company's factory construction efforts.
Chipmaker Intel and the CHIPS and Science Act office are nearing an agreement that would grant the business a grant of almost ...
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.