The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.

Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...

The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, sources said.

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...

MALTA – GlobalFoundries and the U.S. Commerce Department finalized the terms for a $1.5 billion federal grant to support a ...

A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business ...

Micron’s semiconductor project in Central New York could secure CHIPS Act funding before the year ends, according to Onondaga ...

(Reuters) - The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 ...

Intel Corporation (NASDAQ: INTC) is expected to see its funding under the CHIPS Act drop to below $8 billion from $8.5 ...

The CHIPS Act provides for $39B in grants, billions more in loans and 25% tax credits to boost domestic chip manufacturing ...

The law's biggest beneficiary is Intel, which lost more than half its market value this year as competitors soared.

GlobalFoundrieswill receive up to $1.5 billion in federal funding through the CHIPS and Science Act to upgrade existing ...