Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...

President Joe Biden will visit an Intel facility in Arizona on Wednesday to announce the agreement, which the White House said disburses money from the CHIPS and Science Act adopted in 2022.

A fresh influx of $8.5 billion in CHIPS and Science Act funding to help Intel build two semiconductor plants and upgrade an existing one in Chandler, 30 minutes southeast of downtown Phoenix, is ...

Biden signed the CHIPS Act in August 2022. ... As you map out your retirement, ... Biden locks in $6.6 billion for huge TSMC chip factories in Arizona.

Samsung is set to receive $6.4 billion in US federal funding as a result of President Biden's CHIPS & Science Act. This grant adds to Samsung's own investment of over $40 billion in its US ...

The outgoing Biden administration is reportedly going to cut downn the preliminary $8.5 million grant it awarded to Intel Corp. under the CHIPS Act, adding to the struggling U.S. chipmaker’s woes.

While Intel has already started work on building its two semiconductor factories in Licking County, the company previously said the $28 billion project was delayed as it awaited CHIPS Act funding.

The Biden administration is reportedly planning to reduce Intel's CHIPS Act funding grant to less than $8B. Read more.

The Biden administration's plan to revitalize the U.S. semiconductor industry is facing doubts over its success as Intel — the company the government is relying heavily on to deliver its goals ...

Intel delays chip manufacturing factory in New Albany until at least 2030 Construction has faced several delays because of the funding from the CHIPS Act and business conditions. To stream 10TV on ...