In March 2024, the Biden Administration and Intel signed a preliminary memorandum of terms (PMT) for the $8.5 billion funding ...

As interest in Intel’s faltering business grows, the chip pioneer is reportedly set to finalize billions of dollars in direct ...

President Biden signed the CHIPS Act into law in August 2022 and called it a "once-in-a-generation" piece of ...

Intel Corp. and the U.S. government will likely finalize a deal to provide the company with $8.5 billion in CHIPS Act funding ...

Sources say that Intel could start receiving parts of its $8.5-billion CHIPS Act payout before the end of 2024.

Chipmaker is seeking ways to shore up its business although potential takeover approaches could complicate talks ...

According to the Financial Times, Intel would benefit from the funding before the end of this year. In the midst of a ...

Investors, Wall Street analysts, competitors, suppliers, and customers must face a new reality: Intel is no longer a ...

Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...

The Biden administration announced Monday that it is awarding Intel up to an additional $3 billion under the CHIPS Act.

As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some ...

Intel Foundry, the semiconductor manufacturing arm of Intel Corp., has garnered more CHIPS and Science Act funding under the ...