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Intel’s $7.9B subsidy deal comes at a high price for the chipmaker
In September, Intel CEO Pat Gelsinger announced plans to spin off Intel Foundry, citing potential flexibility to secure independent funding.
Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Intel, feds reach deal on $8B in CHIPS money
After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8 billion in direct CHIPS Act funding.
Intel's $7.86 billion subsidy deal restricts sale of its chip manufacturing unit
Intel has said that its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The US Commerce Department announced the subsidy to Intel on Tuesday,
8h
on MSN
Intel Corp (INTC) Secures $7.86B US Government Deal: Boost for Semiconductor Manufacturing
We recently published a list of 15 AI News Updates Wall Street Is Monitoring. In this article, we are going to take a look at ...
Security
18h
Intel and Biden-Harris Administration finalize $7.86 billion funding award under U.S. CHIPS Act
The CHIPS Act award will directly support Intel’s investments at sites where the company develops and produces many of the ...
17h
Intel Is Steering The Ship To Profitability (Rating Upgrade)
Intel faced a challenging quarter with -6% top-line decline and significant impairments, but management is positioning for ...
2h
on MSN
Intel (INTC) Faces Uncertainty: QUALCOMM Walks Away from Acquisition Deal
We recently published a list of 15 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a ...
2h
Battlemage Is Next: Intel Teases Next-Gen GPU Launch In Xe2 Video
Intel has been adamant that it plans to continue developing discrete GPUs after getting back in the game with Arc Alchemist, ...
11d
Shareholders in Intel (NASDAQ:INTC) have lost 52%, as stock drops 7.1% this past week
Intel Corporation ( NASDAQ:INTC ) shareholders should be happy to see the share price up 13% in the last quarter.
2d
on MSN
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
3h
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
3d
What's Going On With Intel Shares Monday?
Intel stock is trading higher on Monday following a report indicating that the company is close to securing a $8 billion ...
TweakTown
7h
Intel Arc B580 Limited Edition 'Battlemage' graphics card spotted for $250, more specs emerge
We could be looking at an Intel Arc B580 Limited Edition GPU launch in December and a $250 price point for Intel's first ...
1d
on MSN
Intel Corporation (INTC): $500M CHIPS Act Investment to Modernize Rio Rancho Fabs, Creating 4,300 Jobs
We recently compiled a list of the 15 AI Stocks That are Making Headlines. In this article, we are going to take a look at ...
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