Commerce Department to trim funding for Intel to build chip plants
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on the condition of anonymity to discuss private conversations.
US Plans to Reduce Intel's $8.5 Billion Federal Chips Grant Below $8 Billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon,
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The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that company executives will participate in the ...
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