"Intel Nearing $10B Chips Act Incentives Deal with Biden Administration: Report"
TL;DR Summary
Intel is reportedly in talks with the Biden administration to receive over $10 billion in subsidies for building semiconductors under the 2022 Chips and Science Act, which aims to support semiconductor companies in the US. The package may include both loans and direct grants, and negotiations are ongoing. Other companies such as Taiwan Semiconductor, Micron, Texas Instruments, and GlobalFoundries are also likely to receive subsidies.
- Intel in talks to receive over $10B in Chips Act incentives from Biden admin - report Seeking Alpha
- Intel's CHIPS Act award package exceeds $10 billion, payout expected within two weeks: Report Tom's Hardware
- Intel May Receive $10B in Subsidies — TradingView News TradingView
- Intel in Talks for More Than $10 Billion in Chips Act Incentives Yahoo Finance
- US considering more than $10 billion in subsidies for Intel -Bloomberg News Yahoo Finance
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