Intel and the US set to seal $8.5B CHIPS Act funding
In March 2024, the Biden Administration and Intel signed a preliminary memorandum of terms (PMT) for the $8.5 billion funding. This support package is part of Intel’s larger commitment to invest more than $100 billion in expanding its US manufacturing footprint, including building new chip plants in Arizona, Ohio, Oregon, and New Mexico.
President Biden signed the CHIPS Act into law in August 2022 and called it a "once-in-a-generation" piece of ...
As interest in Intel’s faltering business grows, the chip pioneer is reportedly set to finalize billions of dollars in direct ...
Environmentalists are pushing President Biden to veto a bill that would weaken federal scrutiny of semiconductor ...
The Biden administration has made more investments in revitalizing the U.S. semiconductor industry, including in a Portland ...
The Biden-Harris administration has announced the first binding award from the U.S. Chips and Science Act since allocating ...
The bill was led by Rep. Scott Peters (D-San Diego), whose district includes the northeastern region of the county, and and ...
The stock now trades at a forward P/E of 10 based on the analyst consensus for 2025. With tailwinds from AI demand, the ...
The US House approved legislation that would exempt some semiconductor manufacturing projects from federal permitting ...
The Building Chips in America Act has just passed the House with 257 in favor and 125 opposed and is now slated to go to the ...
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Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardeePolar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden ...
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