Published 2 months ago

Biden announces $8.5 billion for Intel's semiconductor efforts on Arizona trip

Summary by Ground News

$8.5 billion in federal grant funds will go toward Intel's semiconductor operations. The CHIPS and Sciences Act is seen as a way to diversify the semiconductor industry beyond Taiwan. Some lawmakers have expressed excitement for the funding, as it will be distributed to Intel's efforts in Arizona.

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Arizona Daily Independent

Biden Announces $8.5 Billion For Intel’s Semiconductor Efforts On Arizona Trip

By Cameron Arcand President Joe Biden and Commerce Secretary Gina Raimondo announced up to $8.5 billion in federal grant funds from the CHIPS and Science Act will go toward Intel's semiconductor operations on Wednesday in Chandler, Arizona. The CHIPS and Sciences Act, signed into law by Biden in 2022, is seen as a way to...

2 months ago

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kiowacountypress.net

Biden announces $8.5 billion for Intel's semiconductor efforts on Arizona trip

Biden announces $8.5 billion for Intel's semiconductor efforts on Arizona trip kcpnews2 Thu, 03/21/2024 - 05:04 Image Cameron Arcand (The Center Square) – President Joe Biden and Commerce Secretary Gina Raimondo announced up to $8.5 billion in federal grant funds from the CHIPS and Science Act will go toward Intel's semiconductor operations Wednesday in Chandler, Arizona. The CHIPS and Sciences Act, signed into law by Biden in 2022, is…

2 months ago

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