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Intel’s CHIPS Act grant reduced
Intel’s CHIPS Act grant reduced as production delays and losses mount
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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,
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.
18m
Biden administration rushes to distribute final chips program funding
I’d like to have really almost all of the money obligated by the time we leave,” Commerce Secretary Gina Raimondo said.
2h
US Finalizes Awards to BAE Systems, Rocket Lab for Semiconductor Chips
WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government ...
19h
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 ...
ConsumerAffairs
11m
Tortilla chips recalled because they contain undeclared gluten
Sugar Foods is recalling 3.5 ounce pouches of Fresh Gourmet Tortilla Strips Santa Fe Style because the ingredients list could ...
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.
2d
on MSN
AI’s Future and Nvidia’s Fortunes Ride on the Race to Pack More Chips Into One Place
Musk’s xAI and Meta are among those building super clusters of computer servers with as many as 100,000 of Nvidia’s most ...
6d
US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits
The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor ...
4d
US finalizes $1.5 billion chips award for GlobalFoundries to expand production
The U.S. Commerce Department said Wednesday it has finalized a $1.5 billion government subsidy for GlobalFoundries to expand ...
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 ...
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.
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" ...
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