Intel To Receive Nearly $8 Billion In Federal Funding Under CHIPS Act for US Expansion

By Yahoo! Finance   |   1 year ago
Intel To Receive Nearly $8 Billion In Federal Funding Under CHIPS Act for US Expansion

Intel receives up to $7.86 billion in funding under the CHIPS Act from the Biden-Harris Administration to boost semiconductor manufacturing in the U.S. This investment aims to create jobs, strengthen supply chains, and enhance American leadership in technology innovation.

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