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

The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.
Tech - The Wall Street Journal - 14 hours ago
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.
Business - CNBC - 19 hours ago

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