The Biden Administration announced it released $7.865 billion in funding for Intel as part of its CHIPS Incentives Program.

The Commerce Department calls it a “huge step” in strengthening the U.S. chip supply chain. Earlier this year, it had ...

The outgoing Biden administration is reportedly going to slash the preliminary $8.5 million grant it awarded to Intel Corp.

In a blow to Intel's turnaround plans, CEO Pat Gelsinger has resigned from the big chip maker without a permanent successor ...

Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.

Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...

The U.S. Department of Commerce announced that it will make a final award to Intel Corp. of up to nearly $7.87 billion in ...

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science ...

The White House is reducing Intel’s CHIPS Act award by over $600 million. Initially set to receive $8.5 billion from the ...

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...

Intel has managed to secure a $7.86 billion Investment through the newly incorporated CHIPS & Science Act. Here's more about ...

Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...