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Intel, Amazon
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.
Biden administration awards Intel up to $3 billion under the CHIPS Act
The Biden administration announced Monday that it is awarding Intel up to an additional $3 billion under the CHIPS Act.
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.
1d
on MSN
Intel splits off foundry business — new dawn for chip giant as it announces major transformation plans
The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business ...
1d
Intel's Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson?
The Intel bulls have been a bit desperate for some good news to counter all the negativity for some time now. They recently ...
3d
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 ...
ExtremeTech on MSN
1d
Intel Announces $3 Billion Contract for Government 'Secure Enclave' Program
The deal between Intel and the G-Man was first mentioned in the press in March 2024, but it was not based on statements from ...
2d
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.
Investopedia on MSN
3d
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 ...
Datacenter Dynamics
3d
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 ...
3d
on 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 ...
Opinion
2d
Opinion
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 ...
Opinion
Townhall
6h
Opinion
Intel and the U.S. Lose Their Bet on ESG
ESG is part of why Intel’s costly Arizona fab expansions are there to begin with. The Commerce Department strongly suggested ...
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