Intel and Biden Admin Announce up to $8.5 Billion in Direct …
Mar 20, 2024 · On that day, the Biden-Harris Administration announced that Intel and the U.S. Department of Commerce had signed a non-binding preliminary memorandum of terms for up to $8.5 billion in direct funding to Intel for commercial …
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
Mar 20, 2024 · CHANDLER, Ariz. — President Biden announced a deal with Intel that will give the chipmaker up to $8.5 billion in grants and another $11 billion in loans to build semiconductor plants in four...
Intel awarded up to $3 billion under CHIPS Act
Sep 16, 2024 · The Biden administration announced Monday that it is awarding Intel up to an additional $3 billion under the CHIPS Act.
Intel shares jump on chip deal with Amazon | CNN Business
Sep 16, 2024 · New York CNN — Intel’s struggling chip-making business got a boost Monday from a high-profile client: Amazon. The announcement came after Intel said earlier in the day it would receive up to $3...
Intel stock surges on plans to make AI chips for Amazon and to …
Sep 17, 2024 · Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvigorate its business.
Intel Awarded up to $3B by the Biden-Harris Administration for …
Sep 16, 2024 · SANTA CLARA, Calif., September 16, 2024 – The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.
US CHIPS Act Funding for Intel
Earlier in the day, the Biden-Harris Administration announced that Intel and the U.S. Department of Commerce had signed a non-binding preliminary memorandum of terms for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
Intel Stock Climbs Amid Rumors: Here’s What To Know About Chip …
Sep 23, 2024 · Intel stock rose more than 4% to about $22.75 by mid afternoon, hovering near its seven-week intraday high set Friday and tracking toward its highest close since Aug. 1, though shares of the...
Intel gets boost from Raimondo, effort to spur U.S. chip production
Sep 12, 2024 · Earlier this year, Intel was awarded up to $8.5 billion in CHIPS Act funding from the Biden administration and could receive an additional $11 billion in loans from the legislation, which was...
Intel Confirms $3 Billion Pentagon Chips Grant; Shares Gain
Sep 16, 2024 · (Bloomberg) -- Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to manufacture chips for the military, confirming earlier reporting by ...