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WEBMar 20, 2024 · 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.
See results only from intel.comThe US CHIPS Act: Why Int…
As the world comes to grips with chip shortages due to supply chain …
WEBFunding will help advance Intel’s critical semiconductor manufacturing and research and development projects at sites in Arizona, New Mexico, Ohio and Oregon – U.S. locations where the company produces some of the world’s most advanced chips and semiconductor packaging technologies.
WEBMar 20, 2024 · The Biden Administration’s proposed CHIPS investment, coupled with Intel’s investment, would mark one of the largest investments ever announced in U.S. semiconductor manufacturing. The PMT also includes approximately $50 million in dedicated funding to develop the company’s semiconductor and construction workforce.
WEBMar 20, 2024 · Funding catalyzes $100 billion in private investment from Intel to build and expand semiconductor facilities in Arizona, Ohio, New Mexico, and Oregon and create nearly 30,000 jobs.
Intel Receives $8.5 Billion in Grants to Build Chip Plants
WEBMar 20, 2024 · President Biden on Wednesday awarded $8.5 billion in grants to Intel, a major investment to bolster the nation’s semiconductor production, during a tour of battleground states meant to sell...
Biden to tout government investing $8.5B in Intel's computer chip ...
WEBMar 20, 2024 · The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and...
WEBMar 20, 2024 · The proposed funding will support new construction, expansion and tool modernization at Intel’s U.S.-based sites in Arizona, New Mexico, Ohio and Oregon, enabling the company to produce the world’s most advanced chips by 2025.
Biden awards $19.5 billion in grants and loans to Intel to boost US ...
WEBMar 20, 2024 · CHANDLER, Arizona (Reuters) -President Joe Biden awarded Intel nearly $20 billion in grants and loans on Wednesday, marking the U.S. government's largest outlay to subsidize leading-edge chip...
WEBMar 20, 2024 · The company could get up to $8.5 billion in direct funding from the government, according to the preliminary agreement it has reached with the Department of Commerce.
WEBOn March 20, 2024, the Biden-Harris Administration announced the biggest CHIPS and Science Act grant to date with Intel and the U.S. Department of Commerce signing a non-binding preliminary...
Intel awarded up to $8.5 billion from CHIPS Act, with loans available
WEBMar 20, 2024 · Intel is in line to receive as much as $8.5 billion in direct funding from the federal government as part of the CHIPS Act, the White House said on Wednesday. The company could also receive...
Intel awarded $8.5 billion in funding for building chipmaking fabs ...
WEBMar 20, 2024 · The U.S. Commerce Department announced today that it has come to a preliminary agreement with Intel to provide the chipmaker with $8.5 billion in direct funding for commercial semiconductor...
White House awards Intel $8.5 billion in CHIPS Act funding
WEBMar 20, 2024 · The White House on Wednesday announced it will provide Intel with $8.5 billion in funding through the CHIPS Act. The infusion of cash, Intel ( INTC) says, will fund sites at locations...
Biden to Announce Multibillion-Dollar Grant for Intel to Expand …
WEBMar 19, 2024 · President Biden will issue a multibillion-dollar award to Intel on Wednesday to expand its chip production in the United States, people familiar with the decision said, as the president...
Intel and Biden-Harris Administration Announce Preliminary …
WEBMar 20, 2024 · 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,...
Intel secures $8.5 billion CHIPS Act funding agreement from …
WEBUS chipmaker Intel just received major funding which might help it chase Nvidia faster in the AI race. The US Commerce Department has reached a preliminary agreement with Intel, paving the...
Intel's CHIPS Act award package exceeds $10 billion, payout …
WEBFeb 17, 2024 · The funding is a segment of the larger $39 billion in direct grants and $75 billion in loans and guarantees allocated by the CHIPS Act to entice top semiconductor firms to establish...
Intel gets $8.5 billion in CHIPS funding for semiconductor …
WEBMar 20, 2024 · President Joe Biden is expected to announce in Arizona where $8.5 billion in direct funding and $11 billion in loans to Intel to expand its facilities in four states to boost the country's...
$19.5 Billion CHIPS Act Package For Intel Is A Diversified Bet
WEBMar 20, 2024 · CHIPS Act grant and loans to Intel cover advanced chip manufacturing, packaging, and R&D across Oregon, Arizona, Ohio, and New Mexico.
Intel’s $3.5 Billion Boondoggle - The American Prospect
WEBMar 8, 2024 · The microchip giant’s ‘secure enclave’ project will take nearly 10 percent of a CHIPS Act manufacturing fund that is already stretched thin. Intel has only recently moved to expand its domestic fabrication operations to a globally competitive scale, largely in response to expected CHIPS Act funding. With Congress hurtling toward an end-of ...
Biden administration to invest $8.5 billion in Intel's computer chip ...
WEBMar 20, 2024 · The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and...
Intel to invest $36B to expand Hillsboro chipmaking plant | kgw.com
WEBMar 20, 2024 · PORTLAND, Ore. — Oregon's premier chip manufacturer, Intel, announced plans Wednesday to invest $36 billion to expand and innovate its chipmaking plants in Hillsboro.
‘I don’t know how this happened’: A $3B secret program
WEB6 days ago · “Let us be clear: funding for the Secure Enclave was included within the $52.7 billion provided for the CHIPS Act of 2022, and the Executive Branch needs to follow through to execute the funding ...
Chip Factories Are Unions’ Next Target in Test for Biden
WEB5 days ago · Biden’s $100 Billion Chips Bet Ensnared in Arizona Union Fight. Chipmaker Vying for US Funds Enters Rare Union Agreement. The CWA, like the UAW, has endorsed Biden in the 2024 presidential race ...
Intel’s Potential Role in Building Nvidia’s Next Chip: Speculation …
WEBThe narrative suggests that Intel’s role in Nvidia’s next-generation chip development might indeed be more significant than initially perceived, marking a notable departure from the status quo ...
Is Intel (NASDAQ:INTC) Building Nvidia’s Next Chip?
WEBSpecifically, the new Nvidia chip is said to turn to ARM Cortex X5 cores as well as Blackwell GPU cores. And Intel’s foundry operations would be involved in making those cores accordingly.
Intel Stock's Semiconductor Slump: A Sell Signal for Savvy …
WEBMay 30, 2024 · Intel’s () turnaround timeline remains uncertain, as the company’s slowing growth path provides pause. The company’s upcoming x86 chip family promises 3x the AI performance of the company ...
Biden-Harris Administration Announces Preliminary Terms with …
WEB6 days ago · Proposed CHIPS Investment Would Support Construction of New Manufacturing Facility and Over 1,200 Jobs in Covington, Georgia. Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Absolics, an affiliate of the Korea-based SKC, have signed a non-binding preliminary memorandum of terms …
Intel's Moving Fast to Counter Qualcomm's PC Threat
WEB4 days ago · Chip giant Intel (INTC 2.13%) launched the first of its Core Ultra laptop CPUs, codenamed Meteor Lake, last December.Meteor Lake brought a bunch of changes all at once: It moved to a disaggregated ...
European labs led by imec to receive $2.7 billion in Chips Act …
WEBMay 21, 2024 · Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act to set up a pilot line to develop and test future generations of advanced ...
China chip industry gets $47.5 billion in new funding | CNN Business
WEB2 days ago · Hua Hong Semiconductor, China’s second largest chip foundry and a supplier for Huawei, has gained 13%. The first phase of the fund was set up in 2014 with 138.7 billion yuan ($19.2 billion).
China's $47B semiconductor fund puts chip sovereignty
WEB14 hours ago · However, the whole federal funding envelope adds up to $280 billion. At €43 billion, the EU Chips Act looks small in comparison to both, as does South Korea’s $19 billion support package , and ...
China is 'doubling down' on chip investment with $47.5B Big …
WEB1 day ago · China is ‘doubling down’ on local chip development with a new $47.5 billion fund: ‘The size of the fundraising speaks for itself’. BY Lionel Lim. May 28, 2024, 2:57 AM PDT. A general view ...
Biden Moves to Secure Chips Act Funding for Kenya’s Ruto
WEBMay 22, 2024 · President Joe Biden’s administration intends to work with Congress to commit $1 million in assistance for Kenya to support assembly, testing and packaging in the semiconductor sector, according ...
Intel's Lunar Lake Processors Arriving Q3 2024
WEBMay 20, 2024 · Lunar Lake processors will extend unmatched global AI PC scale and receive free updates to Copilot+ when available. Starting Q3 2024 in time for the holiday season, Intel’s upcoming client processors (code-named Lunar Lake) will power more than 80 new laptop designs across more than 20 original equipment manufacturers, …
Scale Valued at Nearly $14 Billion With Amazon Funding
WEBMay 21, 2024 at 10:49 AM PDT. Listen. 2:55. Scale AI Inc., a startup that helps top tech companies improve the data used to build artificial intelligence products, has roughly doubled its ...
Global chip vendor CEOs, key execs to attend Computex
WEB1 day ago · Global chip vendor CEOs, key execs to attend Computex. The scheduled attendance of CEOs from major processor vendors, as well as other top executives from worldwide semiconductor companies, at the ...
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