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Intel has already received $2.2B in federal grants for chip production

Summary by TechCrunch
Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of that allotment.

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+2 Reposted by 2 other sources

Intel has already received $2.2B in federal grants for chip production

Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of that allotment.

·United States
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blkalerts.comblkalerts.com

BLK ALERTS - Intel has already received $2.2B in federal grants for chip production

Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive vice president, and CFO, said the Silicon Valley-based company received the first tranche of $1.1 billion […] © 2024 TechCrunch. All rights reserved. For personal use only.

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TechmemeTechmeme

Interim co-CEO David Zinsner says Intel has already received $2.2B in federal grants through the CHIPS Act, of the $7.86B awarded to build chips in the US

The essential tech news of the moment. Technology's news site of record. Not for dummies.

·California, United States
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technewstube.com broke the news in on Friday, January 31, 2025.
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