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Intel and Biden Admin Announce up to $8.5 Billion in Direct …
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.
US CHIPS Act Funding for I…
Funding will help advance Intel’s critical semiconductor manufacturing and …
Intel Celebrates CHIPS and …
The proposed funding will support new construction, expansion and tool …
US Semiconductor Manufac…
The passage of the CHIPS and Science Act shined a spotlight on the critical need to …
The US CHIPS Act: Why Int…
As the world comes to grips with chip shortages due to supply chain …
Intel and Apollo Agree to Joi…
SCIP is an element of Intel’s Smart Capital strategy, a funding approach designed …
Computex: Intel Accelerate…
A photo shows a wafer of Intel Xeon 6 processors with Efficient-cores (code …
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Intel clinches nearly $20 billion in awards from Biden to boost US …
WEBCHANDLER, Arizona March 20 (Reuters) - President Joe Biden awarded Intel (INTC.O) nearly $20 billion in grants and loans on Wednesday, marking the U.S. government's largest outlay to subsidize...
Biden-Harris Administration Announces Preliminary Terms with …
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.
FACT SHEET: President - The White House
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 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...
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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, Ohio and Oregon.
Intel will get $8.5 billion in CHIPS Act funding to support its US ...
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.
Intel receives $8.5 billion from US for expanding high-end fab …
WEBMar 20, 2024 · Intel will receive $8.5 billion in direct funding and $11 billion in loans from the US government to expand its capacity to make high-end chips as it seeks to reinvent itself as a national...
Intel Secures Largest CHIPS Act Funding To Date - Forbes
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 will get $8.5 billion in CHIPS Act funding to boost ... - Quartz
WEBMar 20, 2024 · American semiconductor pioneer Intel is set to receive up to $8.5 billion in direct government funding from the CHIPS and Science Act, part of an effort to advance U.S. chipmaking amid a...
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...
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...
What we know about Intel’s $20 billion bet on Ohio - The Verge
WEBJan 22, 2022 · To Intel’s credit, its own statements on the subject have been fairly clear: it’s a $20 billion initial investment in two fabs (short for fabrication plants; they typically produce silicon...
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...
FACT SHEET: One Year after the CHIPS and Science Act, Biden-
WEBAug 9, 2023 · The Department of Commerce launched the first funding opportunity for the $39 billion in semiconductor manufacturing incentives provided in the Act just six months after CHIPS was passed.
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 ...
Commerce Department pushes for more Intel women …
WEB1 day ago · The effort is meant to drive completion of projects that received funding from the $52.7 billion federal CHIPS and Science Act. Intel has landed $8.5 billion in federal subsidies and is eligible ...
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...
Intel Gets $11 Billion From Apollo To Help Fund Ireland Plant - CRN
WEB2 days ago · Intel announced on Tuesday that it has secured an $11 billion investment from Apollo Global Management for a chip fabrication plant in Ireland that opened last year. The Santa Clara, Calif.-based ...
Intel Advances Smart Capital, Introduces First-of-its-Kind ...
WEBAug 23, 2022 · Intel signs agreement with Brookfield to jointly invest up to $30 billion in leading-edge chip factories in Arizona. Intel to host investor webcast at 5:45 a.m. PDT today. ... with Intel funding 51% and Brookfield funding 49% of the total project cost. Intel will retain majority ownership and operating control of the two new leading-edge chip ...
Intel Shares Rise After It Unveils AI Chip To Rival Nvidia And …
WEBIntel is a titan of the tech industry and has been a dominant player in the chip sector for decades, though it has been surpassed by many rivals and struggled to stay relevant in the increasingly ...
Intel CEO Takes Aim at Nvidia in Fight for AI Chip Dominance
WEB3 days ago · Intel’s Gaudi systems, which compile its chips into kits of multiple processors tailored to handle generative AI training, will be offered by partners like Dell Technologies Inc. and Inventec ...
Intel unveils new AI chips as it seeks to take on Nvidia and AMD
WEB3 days ago · Intel also revealed architecture details for its upcoming Lunar Lake processors “to continue to grow the AI PC category.”. The Lunar Lake chips, expected to ship in the third quarter, will ...
Intel's Xeon 6 chips: Revolutionizing data centers for enterprise AI ...
WEB3 days ago · Intel has announced its Xeon 6 chip to ensure that data centers can handle the workloads needed as more companies start to deploy AI apps and models. The processor comes with two ...
Intel Reveals 8-Chip Gaudi 3 Platform Price, Upending Industry
WEB2 days ago · Intel said it’s upending a norm of secrecy in the data center accelerator chip space by revealing the list price of the star server platform for its upcoming Gaudi 3 AI chip. On Tuesday at ...
Intel battles AMD with new data center chips | Reuters
WEB3 days ago · Intel's share of the data center market for x86 chips has declined 5.6 percentage points over the past year to 76.4%, with AMD now holding 23.6%, according to data from Mercury Research. Stumbles ...
ASML to Ship Its $380 Million Chip Machine to TSMC This Year
WEB2 days ago · June 5, 2024 at 5:17 AM PDT. Listen. 2:31. ASML Holding NV will ship its latest chipmaking machine to Taiwan Semiconductor Manufacturing Co. this year. Two of ASML’s biggest customers, TSMC and ...
STMicro bags €2B in EU funding for car chip fab in Sicily
WEB4 days ago · Mon 3 Jun 2024 // 06:44 UTC. STMicro will receive €2 billion ($2.17 billion) from the EU under the European Chips Act to build a manufacturing plant in Italy for high-power semiconductors used in electric vehicles. The funding, approved by the European Commission Friday is part of a broader effort by Western powers to insulate their ...
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