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  2. The U.S. government is granting Intel INTC -1.26% up to $8.5 billion to help fund new chip plants in four states, the largest award yet in an effort to revive American chip-making overseen by the Biden administration.
    www.wsj.com/tech/intel-gets-8-5-billion-award-for-u-s-chip-plant-construction-4b3c42ec
    www.wsj.com/tech/intel-gets-8-5-billion-award-for-u-s-chip-plant-construction-4b…
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  3. People also ask
    How much money will Biden give intel to build a chip factory?President Biden is promising Intel $8.5 billion in direct funding and another $11 billion in loans to build or renovate chip manufacturing plants in Arizona, Ohio, New Mexico, and Oregon, the White House announced Wednesday morning. The $19.5 billion in funds are being awarded as part of the 2022 CHIPS & Science Act.
    How much money will Intel spend on commercial semiconductor projects?U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
    How many new semiconductor plants are there in Arizona?The company will build two new plants in each of Chandler, Ariz., and New Albany, Ohio, and will modernize a fifth existing plant in Arizona. Brad Gist, 30, works with Liam Levinson, 28, during a lab for a 10-day semiconductor course at Chandler Gilbert Community College in Mesa, Ariz., on Oct. 11, 2023.
    What does Intel's $8.5 billion federal grant mean for the semiconductor industry?The proposed $8.5 billion federal grant, along with Intel's own funding plans, would mark one of the largest-ever semiconductor manufacturing investments. The proposal also calls for about $50 million to develop the company's semiconductor and construction workforces.
     
  4. Intel Receives $8.5 Billion in Grants to Build Chip Plants

     
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