Intel and the Biden government have reached a “pivotal” agreement on the Chips Act, as Team Blue now secures up to $7.86 billion in direct funding. Intel’s Desperate Attempts To Get Its “CHIPS Act” Funds Released Has Now Paid Off, Apparently Showing The Confidence of US on Team Blue [Press Release]: Intel Corporation and the Biden-Harris Administration announced today that the U.S. Department of Commerce and Intel have reached an agreement on terms to award the company up to $7.86 billion in direct funding for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The award will […]
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