Intel Awarded up to $3B by the Biden-Harris Administration for …
WEB1 day ago · SANTA CLARA, Calif., September 16, 2024 – The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for …
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost …
WEB2 days ago · Intel’s shares jumped 6 percent on news of the government award and more than 8 percent following the Amazon news. The changes, which follow a board meeting last week, are “critical steps ...
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WEBIntel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges.
Intel Gains After Landing Amazon Deal, Preparing Factory Split
WEB1 day ago · Intel shares jumped as much as 8% to $22.58 on Tuesday, following a 6.4% gain the day before. They had been down more than 60% through the end of last week. Gelsinger, who embarked on a bold ...
Intel details new Lunar Lake CPUs that will go up against AMD, …
WEBJun 4, 2024 · Intel didn’t have more information to share on Arrow Lake, the architecture that will bring Meteor Lake’s big changes to socketed desktop motherboards for the first time.
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
WEBMar 20, 2024 · Intel and Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act. Proposed funding, coupled with an investment tax credit and eligibility for CHIPS Act loans, would help Intel advance American semiconductor manufacturing and technology leadership in the AI era. NEWS HIGHLIGHTS.
News & Events :: Intel Corporation (INTC)
WEBAug 13, 2024 · Intel Reports Second-Quarter 2024 Financial Results; Announces $10 Billion Cost Reduction Plan to Increase Efficiency and Market Competitiveness. Jul 25, 2024 • 11:00 AM EDT. Intel Names Naga Chandrasekaran to Lead Foundry Manufacturing and Supply Chain.
Intel stock surges on plans to make AI chips for Amazon and to …
WEB1 day ago · Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.. CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon’s cloud services division at its foundry business, a ...
Biden to announce Intel chips grant in Arizona next week, sources …
WEBMar 14, 2024 · President Joe Biden and Commerce Secretary Gina Raimondo plan to unveil next week in Arizona a multi-billion-dollar award for Intel to expand its chip production in the United States, two people...
Exclusive: Intel CEO to pitch board on plans to shed assets, cut …
WEBSep 2, 2024 · Intel CEO Pat Gelsinger and other executives to present plans to trim down company; CEO will present ideas at mid-September meeting, Plans could include selling Altera programmable chip unit ...
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