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 secures nearly $7.9B in CHIPS Act funds, half headed to Arizona
The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in direct funding under the CHIPS and Science Act, the largest such grant to any company but slightly below the preliminary $8.5 billion that had been announced earlier.
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
Intel To Receive $7.9 Billion From US's Chip Act, Down By $600M
The funding is lower than originally announced, but it still represents a much-needed win for Intel following a tough year.
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 awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US soil.
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 ...
Security16h
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 ...
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 ...
Intel Corporation (INTC): Ohio Plant Secures $1.5B from CHIPS Act Amid Operational Delays
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 ...
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 ...
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.
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 ...
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 ...
TweakTown5h
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 ...
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 ...