Intel clinches nearly $20 billion in awards from Biden to boost US chip …
WEBCHANDLER, Arizona March 20 (Reuters) - President Joe Biden awarded Intel (INTC.O) nearly $20 billion in grants and loans on Wednesday, marking the U.S. government's largest outlay to subsidize...
US CHIPS Act Funding for Intel
WEBOn that day, the Biden-Harris Administration announced that Intel and the U.S. Department of Commerce had signed a non-binding preliminary memorandum of terms for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under …
Biden-Harris Administration Announces Preliminary Terms with Intel …
WEBMar 20, 2024 · The Biden Administration’s proposed CHIPS investment, coupled with Intel’s investment, would mark one of the largest investments ever announced in U.S. semiconductor manufacturing. The PMT also includes approximately $50 million in dedicated funding to develop the company’s semiconductor and construction workforce.
Intel awarded up to $8.5 billion in CHIPS Act grants, with billions ...
WEBMar 20, 2024 · The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. soil. Intel could...
Biden administration awards Intel up to $3 billion under the Chips …
WEB6 days ago · The Biden Administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the “Secure Enclave” program which is designed to expand the supply of ...
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
WEBMar 20, 2024 · U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
Intel Gets $20 Billion in US Grants, Loans for Chip Plants - Yahoo Finance
WEBMar 20, 2024 · (Bloomberg) -- The US will award Intel Corp. $8.5 billion in grants and as much as $11 billion in loans to help fund an expansion of its semiconductor factories, marking the largest award...
FACT SHEET: President - The White House
WEBMar 20, 2024 · Today, President Biden will travel to Chandler, Arizona, to visit Intel’s Ocotillo campus and announce that the Department of Commerce has reached a preliminary agreement with Intel to provide up...
Intel and Biden-Harris Administration Announce ... - Intel …
WEBMar 20, 2024 · U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
Biden awards Chips Act funds to Intel in Phoenix - The Washington Post
WEBMar 20, 2024 · The Biden administration is awarding up to $8.5 billion in grants and $11 billion in loans to tech giant Intel to support computer-chip production in several states, in one of the nation’s...
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