Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost …
WEBSep 16, 2024 · Intel’s shares jumped 6 percent on news of the government award and more than 8 percent following the Amazon news. ... Some lawmakers and other companies in the semiconductor industry have ...
Intel Awarded up to $3B by the Biden-Harris Administration for …
WEBSep 16, 2024 · SANTA CLARA, Calif., September 16, 2024 – The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for the U.S. government.
Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.
WEBSep 16, 2024 · Intel continues to be committed to the New Albany area and its plans to build leading edge semiconductor manufacturing. AWS is planning to invest $7.8 billion to expand its data center operations in Central Ohio, in addition to the $10.3 billion it has invested in the state of Ohio since 2015. “This collaboration between Intel and AWS is a ...
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
WEBMar 20, 2024 · CHANDLER, Ariz. — President Biden announced a deal with Intel that will give the chipmaker up to $8.5 billion in grants and another $11 billion in loans to build semiconductor plants in four...
Intel and Biden Admin Announce up to $8.5 Billion in Direct …
WEBMar 20, 2024 · U.S. Department of Commerce has proposed up to $8.5 billion in direct funding through the CHIPS and Science Act to advance Intel’s commercial semiconductor projects in Arizona, New Mexico, Ohio and Oregon.
Intel to receive $8.5bn in US funding for high-end chip …
WEBMar 20, 2024 · Intel will receive $8.5bn in direct funding and $11bn in loans from the US government to expand its capacity to make high-end chips, as it seeks to reinvent itself as a national champion in the...
Biden-Harris Administration Announces Preliminary Terms with Intel …
WEBMar 20, 2024 · Intel’s process technologies such as Intel 18A and advanced packaging technologies, combined with its foundry services, would better enable U.S. companies to lead the AI industry by ensuring we have a domestic supply of these advanced chips.
Intel and Biden-Harris Administration Announce ... - Intel …
WEBMar 20, 2024 · In addition to its significant investments to expand U.S. manufacturing capacity, Intel is on track to deliver five semiconductor process nodes in four years and expects to return to process technology leadership by 2025 with Intel 18A.
Intel Receives $8.5 Billion in Grants to Build Chip Plants
WEBMar 20, 2024 · President Biden on Wednesday awarded $8.5 billion in grants to Intel, a major investment to bolster the nation’s semiconductor production, during a tour of battleground states meant to sell...
Intel clinches nearly $20 billion in awards from Biden to boost US …
WEBCHANDLER, Arizona March 20 (Reuters) - President Joe Biden awarded Intel (INTC.O) nearly $20 billion in grants and loans on Wednesday, marking the U.S. government's largest outlay to...