(Reuters) - The U.S. government plans to reduce Intel Corp's INTC.O preliminary $8.5 billion federal chips grant to less ...
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 ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
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 ...
The Biden administration is reducing its award to the chip maker, partly to account for a multibillion-dollar military ...
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the ...
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 ...