Intel has posted big losses since the grant was announced, leading to spending cuts, mass layoffs and widespread doubts on ...
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 ...
(Reuters) - The U.S. government plans to reduce Intel Corp's INTC.O preliminary $8.5 billion federal chips grant to less ...
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act.
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
This decision could significantly impact Intel's ambitious plans to expand manufacturing capabilities within the United ...
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 ...