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US cuts Intel's federal chips grant to below $8bn
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 its expensive expansion plan.
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 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.
USA Today
8h
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 ...
5h
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 ...
4h
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
5h
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
4h
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 ...
6h
on MSN
Intel leads chips mostly higher in holiday shortened week
Semiconductor stocks were mostly higher on Monday, led by gains in Intel (NASDAQ:INTC), as traders looked to add to profits ...
4d
on MSN
This Surprising Number Inside Intel's Balance Sheet Suggests Something Big Is Coming In Its War With TSMC
However, Intel is on the cusp of completing its "five nodes in four years" turnaround, while management promises its ...
6d
Confused by Intel's Core 200 chips? Here's your guide to Arrow, Lunar, Meteor Lake and more
This fall has already seen the launch of Intel's Core Ultra 200V "Lunar Lake" and Core Ultra 200S and 200K series "Arrow Lake ...
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