Intel has been awarded $20 billion in federal subsidies to advance semiconductor manufacturing projects in four U.S. states. The funding will support Intel's plans to invest over $100 billion in the U.S. to expand chipmaking capacity and produce cutting-edge AI chips.
Semiconductor giant Intel will receive about $20 billion in federal subsidies under the CHIPS and Science Act to advance semiconductor manufacturing projects in four U.S. states. The funding will support Intel 's plans to invest over $100 billion in the U.
S. over five years to expand chipmaking capacity and produce AI chips.
Intel Semiconductor Federal Subsidies CHIPS And Science Act Chipmaking AI Chips
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon Spring Sale shaves $100 off the Bose SoundLink Revolve+ II; save $100 on one nowAmazon Spring Sale brings you the Bose SoundLink Revovle+ II at 30% off! Don't miss out on this top-notch offer and grab one while you can.
Read more »
Fanatics Sportsbook Promo Code: Bet $100 on College Basketball, Get $100 10X BackNo Fanatics Sportsbook Promo Code is needed to get up to $1000 bonus bets back from Fanatics. Just sign up and bet $100! You can earn 10x that amount back in bonus bets over 10 days.
Read more »
U.S. to pump up to $20 billion into Intel chip plants in 4 statesThe deal would put the United States in a position to produce 20% of the world's most advanced chips by 2030, the Commerce Department said.
Read more »
Intel gets $20 billion in US grants, loans for chip plantsPresident Joe Biden will tour an Intel campus in Phoenix and announce a preliminary agreement with Intel for a major award from the 2022 Chips and Science Act.
Read more »
U.S. pumps up to $20 billion into Intel’s microchip pushThe package will support more than $100 billion in U.S. investments from Intel, including efforts to produce cutting-edge semiconductors at large-scale plants...
Read more »
What we know about Intel’s $20 billion bet on OhioOn Friday, Intel announced it would build the “largest silicon manufacturing location on the planet” here in the United States, on a 1,000-acre plot of land in New Albany, Ohio. There’s more to it than that.
Read more »