Fed officials finalize $7.8 billion in grants for Intel projects, including $1.5 billion in Ohio
Computer chip manufacturer Intel has faced setbacks with its “Silicon Heartland” fab currently under construction outside New Albany, Ohio. But after protracted negotiations, $7.8 billion in federal grants are beginning to flow to Intel projects around the country.
WJW-TV Cleveland on MSN2d
CHIPS Act funding approved for Intel plant in central OhioNEW ALBANY, Ohio (WCMH) – Intel now has funding through the federal government and the CHIPS act to advance its plans for ...
After delays and lobbying from business groups around the country, the U.S. Department of Commerce and Intel announced a deal ...
The agreement for the struggling chipmaker, smaller than an earlier proposed award, means that Intel can begin receiving ...
Ohio is set to boost its tech industry with Intel's CHIPS Act funding, potentially transforming the state into a high-tech ...
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell ...
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund the expansion of ...
T he U.S. government is scaling down Intel's proposed $8.5 billion federal chips grant to less than $8 billion, partly due to ...
Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.
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