US EditionUS finalizes $7.86 billion chips manufacturing award for Intel
- The Biden administration has finalized $7.9 billion in federal subsidies for Intel to build and modernize factories in Oregon and three other states.
- The funding supports Intel's investment of nearly $90 billion in U.S. Semiconductor manufacturing by the decade's end.
- This award advances President Biden's CHIPS and Science Act to reshore manufacturing and create thousands of jobs.
113 Articles
113 Articles
Intel, Feds Reach Deal on $8 Billion in CHIPS Money – The Ohio Star
by J.D. Davidson After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8 billion in direct CHIPS Act funding. The $7.86 billion directly impacts Intel’s commercial semiconductor manufacturing and advanced manufacturing projects in Ohio, Arizona, New Mexico and Oregon. Overall, the California-based company says its planned U.S. investments…
Intel, feds reach deal on $8B in CHIPS money - Washington Examiner
(The Center Square) – After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal Tuesday morning to release nearly $8 billion in direct CHIPS Act funding. The $7.86 billion directly impacts Intel’s commercial semiconductor manufacturing and advanced manufacturing projects in Ohio, Arizona, New Mexico and Oregon. Overall, the California-based company says its planned U.S. investme…
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