Intel and the US set to seal $8.5B CHIPS Act funding
In March 2024, the Biden Administration and Intel signed a preliminary memorandum of terms (PMT) for the $8.5 billion funding. This support package is part of Intel’s larger commitment to invest more than $100 billion in expanding its US manufacturing footprint, including building new chip plants in Arizona, Ohio, Oregon, and New Mexico.
President Biden signed the CHIPS Act into law in August 2022 and called it a "once-in-a-generation" piece of ...
This legislation will help prevent delays to the semiconductor manufacturing projects the CHIPS Act made possible and will ...
Intel is to get $8.5 billion of Chips Act money by the end of the year, reports the FT, but the grant is said to be contingent on it not selling any of the company. Qualcomm and Arm are reported ...
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...
Investors, Wall Street analysts, competitors, suppliers, and customers must face a new reality: Intel is no longer a ...
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Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardeePolar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden ...
As when any corporate icon falls on hard times, dealmaking rumours are swirling. Qualcomm, an American chip-designer, is ...
Is Intel desperate enough to seriously consider something like this?,” asked one analyst about the bombshell report about a ...
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