chips act intel news - Search News

Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act

As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with generous cash incentives.

CNBC on MSN · 1d

Biden administration awards Intel up to $3 billion under the CHIPS Act

The Biden administration awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the "Secure Enclave" program, designed to expand the supply of microelectronics for the Department of Defense.

Datacenter Dynamics · 1d

Intel secures $3.5bn military semiconductor grant despite ongoing CHIPS Act funding dispute

Intel has secured a $3.5 billion contract with the Pentagon to produce advanced semiconductors for military and intelligence applications.

Fortune on MSN · 5h

Intel stock surges 14% on AI chip deal with Amazon

The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.

Computerworld · 10h

Intel scores Amazon AI chip deal, reigniting hopes for a turnaround

The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.

CNN on MSN · 1d

Intel shares jump on chip deal with Amazon

Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.

23h

Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts

The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...

2hOpinion

Intel’s woes deliver a gut punch to Biden’s semiconductor policy

President Biden’s industrial policies to revitalize domestic manufacturing and meet Chinese competition in Artificial ...

Investopedia on MSN1d

Intel Stock Rises After a Report of a $3.5B Pentagon Chip Deal

The contract comes on top of the potential $8.5 billion in grants and $11 billion in loans that Intel was awarded earlier ...

1don MSN

Intel Shares Jump On Reports Of $3 Billion Military Chip Funding [Updated]

Shares of Intel are surging following reports that the company is set to qualify for up to $3.5 billion in federal funding to ...

7h

Intel factory delay hinders EU chip ambitions amid Germany’s economic uncertainty

Intel's delay in constructing its German semiconductor plant disrupts the European Union's chip production goals under the EU ...

4h

Intel (INTC) Stock Trades Up, Here Is Why

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 11.4% in the pre-market session after the company announced a ...

6d

Six months later, Intel is still waiting for $8.5 billion Chips Act disbursement

Intel is on track to receive $8.5 billion in grants as well as $11 billion in low-interest loans through the government ...

1don MSN

Intel’s stock rally could mean a feat not seen in more than four years

That hasn’t been the case much recently, as Intel’s stock has struggled this year. It’s down 60% so far in 2024, ranking as ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results