Intel, CHIPS

Intel awarded almost $8 billion in bid to protect US chipmaking interests
The Biden administration is giving Intel $7.865 billion in CHIPS Act funding to boost domestic semiconductor manufacturing in the US. The agreement confirmed by the US Department of Commerce today is the largest award granted under the CHIPS Act to date, though notably smaller than the up to $8.5 billion earmarked for the chip maker in March.
Biden administration to reduce Intel's $8.5B CHIPS Act grant: report (update)
Update: The deal to provide Intel with $8B in funding is close to being finalized, CNBC reported, citing a person familiar with the matter. The Biden administration is planning to reduce Intel's (NASDAQ:INTC) preliminary $8.
Intel close to finalizing $8B CHIPS Act grant, CNBC says
Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with
US plans to reduce Intel's $8.5 billion federal chips grant below $8 billion - New York Times
The U.S. government plans to reduce Intel Corp's preliminary $8.5 billion federal chips grant to less than $8 billion, the New York Times reported on Sunday citing unnamed sources. The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon,
Intel's $8.5B CHIPS Act award faces cut, report says
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology road map and customer demand," the report says.
Intel's CHIPS Act grant reduced by roughly $500 million
CNBC's Deirdre Bosa joins 'The Exchange' to discuss Intel losing funding from the CHIPS Act. "Hopeful 1958 high school seniors compared to today’s. David Hoffman presents captivating documentaries and archival news clips that explore the evolution of American life over the past century Discover the art of fishing with pro and cool techniques that showcase precision and expertise.
US cuts Intel’s federal chips grant to below $8bn amid new deal
The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
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.
Biden administration will trim Intel’s $8.5 billion CHIPS Act grant, NYT reports
The Commerce Department has reduced Intel’s CHIPS Act award by at least $500 million, to less than $8 billion, according to a report Sunday in The New York Times. The newspaper, citing four anonymous sources,
Intel finalizes $7.9 billion in federal subsidies for scaled-back expansion
The Biden administration is in the uncomfortable position of awarding subsidies to a company that's cutting jobs.
These Stocks Are Moving the Most Today: Rivian, Ford, Super Micro, Zoom, Semtech, Intel, Dell, CrowdStrike, and More
Rivian receives a loan of up to $6.6 billion from the U.S. government to boost electric-vehicle production, shares of Ford ...
This Surprising Number Inside Intel's Balance Sheet Suggests Something Big Is Coming In Its War With TSMC
However, Intel is on the cusp of completing its "five nodes in four years" turnaround, while management promises its ...
Reuters26d
Intel rises on recovery hopes as it forecasts revenue above estimates
Intel CEO Pat Gelsinger said in a post-results conference call that high volume production of its advanced 18A node will begin in the second half of 2025, and that most of the products ...
Forbes27d
Don't Ignore Intel's Near-Term Value Prospects
Moreover, FY25 is likely to be strong because Intel’s upcoming products, such as the Panther Lake and Clearwater Forest chips, are set to leverage the 18A process node, offering improved ...
CNN24d
Intel’s getting kicked out of the Dow
In the 1990s, “Intel Inside” stickers turned commodity electronic components into premium products and eventually became ubiquitous on laptops. Nvidia has emerged as a cornerstone of the ...
Reuters24d
Nvidia to take Intel's spot on Dow Jones Industrial Average
In the 1990s, "Intel Inside" stickers turned commodity electronic components into premium products, and eventually became ubiquitous on laptops. Intel's revenue was $54 billion in 2023 ...
Forbes5mon
Nvidia Vs. AMD Vs. Intel: Which AI Stock Is Best As Competition Heats Up?
while it plans to steer the Intel Products business towards a 60% gross margin and 40% operating margin. After lagging TSMC for many years, Intel finally expects to return to process technology ...
Yahoo Finance25d
Intel Corp (INTC) Q3 2024 Earnings Call Highlights: Navigating Challenges and Seizing Opportunities
Adjusted Free Cash Flow: Negative $2.7 billion. Intel Products Revenue: $12.2 billion, up 3% sequentially. Intel Foundry Revenue: $4.4 billion, up slightly sequentially. Mobileye Revenue ...
Business Insider19d
What a second Trump term means for Intel
Tech analyst Ben Thompson wrote on Wednesday that stimulating demand for Intel products is a more compelling strategy, adding that tariffs could create a price gap between US-made and foreign-made ...