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Intel awarded $7.9 billion from the CHIPS Act
U.S. finalizes $7.86B Chips Act award for Intel to boost local manufacturing
The Biden administration has finalized up to $7.86B in direct funding for Intel (NASDAQ:INTC) as part of the CHIPS and Science Act. That’s down from $8.5B funding initially proposed in March. The final total award is less than the proposed preliminary award due to a congressional requirement to use CHIPS funding to pay for the Secure Enclave
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US soil.
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The U.S. government is granting Intel up to $7.87 billion to help fund new chip plants in four states, the largest award in the Biden administration program aimed at reviving American chip-making.The funds are less than the $8.
Qualcomm's interest in Intel acquisition faces challenges
Qualcomm's interest in potential Intel acquisition has reportedly waned
Qualcomm's (NASDAQ:QCOM) interest in potentially acquiring Intel (NASDAQ:INTC) has waned due to the complexities associated with such a takeover, Bloomberg reported, citing people familiar with the matter.
Qualcomm interest in Intel acquisition has cooled, Bloomberg reports
Qualcomm’s (QCOM) interest in pursuing an acquisition of Intel (INTC) has cooled, Michelle Davis, Ryan Gould and Ian King of Bloomberg report,
Qualcomm’s interest in buying rival Intel is reportedly fading
Semiconductor maker Qualcomm Inc.’s interest in acquiring rival Intel Corp. is souring, Bloomberg News reported Monday night.
9h
Intel putting 1.5 million square feet of office for sale/leaseback could attract more tech companies
To get a good sales price for its real estate holdings, Intel will likely have to sign long-term leases in the parts it ...
10h
on MSN
Intel Corp (INTC) Faces AI Challenges: Analyst Highlights Market Struggles and Sales Normalization
We recently published a list of 15 AI News Updates Investors Should Not Miss. In this article, we are going to take a look at ...
1d
on MSN
Why Intel Stock Popped on Monday
Intel (NASDAQ: INTC) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S.
21h
Intel initially could open half its New Albany complex based on demand, federal officials say
Intel's Chips Act grants are finalized. Here's how much is designated for the $28 billion complex the chipmaker is building ...
1d
on MSN
Biden administration to reduce Intel's $8.5B CHIPS Act grant: report (update)
Update: The deal to provide Intel with $8B in funding is close to being finalized, CNBC reported, citing a person familiar ...
5d
Here's Why Intel (NASDAQ:INTC) Can Afford Some Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he ...
13h
on MSN
Intel Corporation (INTC) Nears $8 Billion CHIPS Act Deal Amid Adjusted Government Grant
We recently compiled a list of the 15 AI News You Should Not Ignore. In this article, we are going to take a look at where ...
1d
on MSN
Intel leads chips mostly higher in holiday shortened week
Semiconductor stocks were mostly higher on Monday, led by gains in Intel (NASDAQ:INTC), as traders looked to add to profits ...
9d
Shareholders in Intel (NASDAQ:INTC) have lost 52%, as stock drops 7.1% this past week
Intel Corporation ( NASDAQ:INTC ) shareholders should be happy to see the share price up 13% in the last quarter.
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