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 House of Representatives passed the Building Chips in America Act Monday, designed to bring microchip manufacturing back ...
The Biden administration has made more investments in revitalizing the U.S. semiconductor industry, including in a Portland ...
Polar Semiconductor is jointly owned by Allegro and Sunken Electric, and is a supplier of 200 millimeter wafers. The company ...
The Biden-Harris administration has announced the first binding award from the U.S. Chips and Science Act since allocating ...
Today, Sivers Semiconductors announced receiving first-year funding of $6 million from the Northeast Microelectronics Coalition (NEMC) Hub through U.S. CHIPS and Science Act under the Microelectronics ...
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 ...
The stock now trades at a forward P/E of 10 based on the analyst consensus for 2025. With tailwinds from AI demand, the ...
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