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US Government to Trim Intel Chips Funds
US Government to Trim Intel Chips Funds: Will it Hurt INTC Stock?
According to media reports, the U.S. government is considering reducing Intel Corporation INTC's federal chips grant under the CHIPS and Science Act from $8.5 billion to less than $8 billion. On the condition of anonymity,
Intel up 3% after CNBC report on CHIPS Act funding
EST Intel (INTC) up 3% after CNBC report on CHIPS Act fundingDon't Miss our Black Friday Offers:Unlock your investing potential with
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science Act, according to multiple reports.
2h
on MSN
Intel's $8.5B CHIPS Act award faces cut, report says
Intel has posted big losses since the grant was announced, leading to spending cuts, mass layoffs and widespread doubts on ...
22m
on MSN
Biden Rushes To Dole Out CHIPS Act Funds Before Leaving Office
When a U.S. president faces the end of his term, there is often a mad dash to take care of any unfinished business. Sometimes ...
USA Today
10h
US plans to reduce Intel's $8.5 billion federal CHIPS grant - New York Times
(Reuters) - The U.S. government plans to reduce
Intel
Corp's INTC.O preliminary $8.5 billion federal
chips
grant to less ...
6h
on MSN
Intel's CHIPS Act grant reduced by roughly $500 million
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
10h
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
11h
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
5h
on MSN
Commerce Department to reduce Intel’s funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
Money Morning
7h
Intel's Rocky Recover Still Has Legs, Here's How to Trade the Semi Name
This decision could significantly impact Intel's ambitious plans to expand manufacturing capabilities within the United ...
Hosted on MSN
6h
US plans to shrink Intel's $8.5B CHIPS funding to below $8B — restructuring takes into account chipmaker's $3.5B contract to make chips for the military
T he U.S. government is scaling down Intel's proposed $8.5 billion federal chips grant to less than $8 billion, partly due to ...
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