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Intel's $7.86 billion subsidy deal restricts sale of its manufacturing unit
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity.
Intel’s $7.9B subsidy deal comes at a high price for the chipmaker
In September, Intel CEO Pat Gelsinger announced plans to spin off Intel Foundry, citing potential flexibility to secure independent funding.
Intel's $7.86 billion subsidy deal restricts sale of its chip manufacturing unit
Intel has said that its deal for $7.86 billion in US government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The US Commerce Department announced the subsidy to Intel on Tuesday,
Intel, Commerce Department Finalize $7.9 Billion Chip Making Grant
More than two years since the signing of the CHIPs Act, funding is finally flowing to some of the mega-projects that the semiconductor bill intended to support.
2d
Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund the expansion of ...
The Tech Report
7h
Intel Scores a $7.86 Billion Investment Through the CHIPS and Science Act
Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...
PCGamesN
13h
New Intel Arc Battlemage gaming GPU range coming in just a few days, says report
After a few weeks of leaks, the new
Intel
Arc GPU lineup now appears to be incredibly close to launch. Codenamed Battlemage ...
2d
Biden Cuts Intel’s Chip Award by More Than $600 Million
The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and ...
2d
on MSN
Intel awarded $7.9 billion from the CHIPS Act ahead of Trump's 2nd term
Donald Trump has criticized the CHIPS Act and suggested he'd prefer tariffs to incentivize semiconductor manufacturing on US ...
2d
on MSN
Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing
The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...
2d
Intel's Chips Act payout down $600M from initial deal; Ohio project lands $1.5 billion
The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.
2d
on MSN
Intel wins $7.9 billion award under CHIPS Act
To build or expand semiconductor factories in several U.S. states.
1d
Is Intel Stock a Buy Now?
To add insult to injury, the company Intel tried to buy in 2005, Nvidia, has gone on to become the second-largest company in ...
2d
Intel Ultra Series 2: 3 Reasons It’s Fit For Steam Deck 2
While a Steam Deck 2 may not be coming soon, such a device powered by an Intel Ultra Series 2 processor could be something ...
TweakTown
8h
Intel plans to release more desktop GPUs after the first Arc Battlemage card debuts in December
The first desktop Battlemage GPU product, the Intel Arc B580, is around the corner and it looks like Intel still has plans ...
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