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Washington Curtails Intel’s Chip Grant
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon,
US may reduce Intel’s $8.5 billion chips grant: This may be the reason
The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel's Ohio chip factory cons
Washington Curtails Intel’s Chip Grant After Company Stumbles
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military contract.
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
Intel won't be happy about the 6% reduction in subsidies but certainty that the rest of the money is coming would be welcome.
Biden administration to reduce Intel's $8.5B CHIPS Act grant - report
The Biden administration is reportedly planning to reduce Intel's CHIPS Act funding grant to less than $8B. Read more.
1h
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to ...
3d
on MSN
Biden administration rushes to finalize CHIPS Act funding
President-elect Donald Trump said the CHIPS and Science Act was a 'bad deal' in a podcast interview last month.
17h
Nvidia Stock May Rise As Musk Aims To Buy $9 Billion In AI Chips
If Nvidia significantly exceeds conservative growth targets with help from Blackwell, the stock could rise despite slowing ...
1d
on MSN
The Next AI Battle: Who Can Get the Most Nvidia Chips in One Place
Some industry giants are building so-called super clusters of computer servers that cost billions of dollars and contain ...
Manufacturing
2d
CHIPS for America Announces Up to $300M in Funding to Boost Semiconductor Packaging
The U.S. Department of Commerce has entered negotiations to invest up to $300 million in advanced packaging research projects ...
2d
Micron's CHIPS and Science Act funding could become official before 2025, McMahon says
CHIPS Act funding could officially be designated for Micron's Central New York project before the new year, according to ...
3d
EU Chips Act 2.0 should include legacy chips, says industry group chief
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" ...
4d
GlobalFoundries signs its $1.5B CHIPS contract for second New York fab
MALTA – GlobalFoundries and the U.S. Commerce Department finalized the terms for a $1.5 billion federal grant to support a ...
4d
on MSN
Biden admin Commerce Dept seeks to exhaust CHIPS Act funding before Biden leaves office
The Biden administration wants to spend every dollar allocated under the president's Chips and Science Act before ...
KESQ News
2d
CHiPs for Kids toy drive kicks off 2024 holiday season in Coachella Valley
The CHiPs for Kids Toy Drive is something that has made a difference in the lives of kids and their communities across the ...
6d
on MSN
Sagence is building analog chips to run AI
Sagence AI, the startup previously known as Analog Inference, is building analog chips to run AI models more efficiently.
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