Intel will get a $3.5 billion federal grant to make chips for military applications under the Secure Enclave program.

Intel is set to receive up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program ...

The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding ...

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 ...

Intel (Nasdaq: INTC) has secured up to $3 billion in CHIPS and Science Act funding to work with the Department of Defense to broaden the production of secure semiconductors for the U.S. government and ...

Shares of Intel were 4% after the announcement. The administration's focus on the Secure Enclave reflects a broader strategy ...

The Biden Administration on Monday awarded Intel Corp up to $3 billion from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range ...

Intel has been awarded up to $3 billion in direct funding to expand semiconductor manufacturing under the Chips and Science Act, the microprocessor and semiconductor company said. The funding falls ...

Intel shares jumped 6% Monday afternoon after it was confirmed the company would receive up to $3B in direct funding under ...

We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...

The Secure Enclave award is separate from the proposed funding agreement that Intel reached with the Biden-Harris Administration in March. Intel Corporation has been awarded up to $3 billion in ...