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

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

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.

Intel CEO Pat Gelsinger has unexpectedly retired as the chipmaker attempts to bounce back from financial struggles and ...

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 ...

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

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

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

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