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 ...

Gelsinger announced his turnaround plan in July 2021 and then embarked on a spending spree, starting construction on a ...

That will limit Chipzilla's ability to cash in and bail itself out Intel has quietly revealed that the $7.86 billion of cash ...

Intel dismissed CEO Pat Gelsinger, who was a driving force behind improving manufacturing capabilities, including the ...

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

Donald Trump has previously criticized the CHIPS Act and suggested he would prefer tariffs to incentivize semiconductor ...

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

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

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 ...