Ohio Gov. Mike DeWine and Lt. Gov. Jon Husted issued a statement on Tuesday in response to the final approval of the CHIPS ...

The U.S. Department of Commerce has awarded Intel Corporation up to $7.86 billion in direct funding through the U.S. CHIPS ...

WASHINGTON (Reuters) - The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for ...

The Biden administration has finalized a deal to give Intel Corp. nearly $7.9 billion in federal grants, the largest direct ...

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...

The Biden administration is in the uncomfortable position of awarding subsidies to a company that's cutting jobs.

The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...

Intel will receive $7.86 billion to build out its core manufacturing facilities, plus an additional $3 billion that was ...

More than $2 billion The Biden administration is expected to trim the federal grant funding troubled Chipzilla initially ...

Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...

Senior administration officials said that the money will only go to help construct half of the $20 billion semiconductor plant.