Intel Secures $7.865 Billion in CHIPS Act Funding as US Ramps Up Semiconductor Production

The Biden administration has awarded Intel $7.865 billion under the CHIPS and Science Act, marking the largest allocation to date from the $39 billion set aside to bolster domestic semiconductor manufacturing. While slightly less than the $8.5 billion initially earmarked for Intel earlier this year, the funding underscores the White House’s commitment to reshoring critical […] The post Intel Secures $7.865 Billion in CHIPS Act Funding as US Ramps Up Semiconductor Production appeared first on Tekedia.

  Business   Nov 28, 2024   0   7  Add to Reading List
Intel Secures $7.865 Billion in CHIPS Act Funding as US Ramps Up Semiconductor Production

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The Biden administration has awarded Intel $7.865 billion under the CHIPS and Science Act, marking the largest allocation to date from the $39 billion set aside to bolster domestic semiconductor manufacturing. While slightly less than the $8.5 billion initially earmarked for Intel earlier this year, the funding underscores the White House’s commitment to reshoring critical […]

The post Intel Secures $7.865 Billion in CHIPS Act Funding as US Ramps Up Semiconductor Production appeared first on Tekedia.

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