Biden Cuts Intel’s Chip Award by More Than $600 Million

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.

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Biden Cuts Intel’s Chip Award by More Than $600 Million

Topics

Related

Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction

Biden administration finalizes nearly $8B in CHIPS funding for Intel

First sighting of Belarusian political prisoner in more than 600 days

Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

Disney to Pay More Than $500 Million to Air the Grammys

Duct-taped banana sells for more than $6 million at auction

Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated

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