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US may reduce Intel’s $8.5 billion chips grant
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,
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
The Commerce Department has reduced Intel’s CHIPS Act award by at least $500 million, to less than $8 billion, according to a report Sunday in The New York Times. The newspaper, citing four anonymous sources,
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. "Hopeful 1958 high school seniors compared to today’s. David Hoffman presents captivating documentaries and archival news clips that explore the evolution of American life over the past century Discover the art of fishing with pro and cool techniques that showcase precision and expertise.
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 ...
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 ...
52m
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 ...
13h
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.
6h
on MSN
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 ...
11h
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 ...
6h
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 ...
22h
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 ...
1d
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 ...
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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