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.
Kansas City Chiefs quarterback Patrick Mahomes has been fined more than $14,000 for pantomiming what the NFL deemed a ...
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.
GlobalFoundrieswill receive up to $1.5 billion in federal funding through the CHIPS and Science Act to upgrade existing ...
The CHIPS Act provides for $39B in grants, billions more in loans and 25% tax credits to boost domestic chip manufacturing ...
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.