Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
WEBMar 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, Aiming to Reverse Slump, Unveils New Contracts and Cost …
WEBSep 16, 2024 · Intel’s shares jumped 6 percent on news of the government award and more than 8 percent following the Amazon news. ... Some lawmakers and other companies in the semiconductor industry have ...
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.
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...
Intel to receive $8.5bn in US funding for high-end chip …
WEBMar 20, 2024 · Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the...
Intel Introduces First-of-its-Kind Semiconductor Co-Investment …
WEBSANTA CLARA, Calif., Aug. 23, 2022 – Intel Corporation today announced a first-of-its-kind Semiconductor Co-Investment Program (SCIP) that introduces a new funding model to the capital-intensive semiconductor industry.
Intel Breaks Ground on Two New Leading-Edge Chip Factories in …
WEBSep 24, 2021 · The construction of two new computer chip factories is a $20 billion project that will bolster U.S. semiconductor leadership and help bring geographical balance to the global supply chain. (Credit: Intel Corporation) Intel CEO Pat Gelsinger signals to the crowd from earth-moving equipment in Chandler, Arizona, on Friday, Sept. 24, 2021, for a ...
Intel and Biden-Harris Administration Announce ... - Intel …
WEBMar 20, 2024 · In addition to its significant investments to expand U.S. manufacturing capacity, Intel is on track to deliver five semiconductor process nodes in four years and expects to return to process technology leadership by 2025 with Intel 18A.
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-Harris Administration Announces Preliminary Terms with Intel …
WEBMar 20, 2024 · Intel’s process technologies such as Intel 18A and advanced packaging technologies, combined with its foundry services, would better enable U.S. companies to lead the AI industry by ensuring we have a domestic supply of these advanced chips.
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