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 ...

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.

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

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

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

The chip central to Intel’s success is called the central processing unit. Intel released its first version in 1971, said ...

Learn how to make smart financial decisions and grow your wealth with expert advice on investing, savings, budgeting, and ...

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

Intel is seen as strategically important to US chip ambitions, but its China links paint a complicated picture.

Intel has reportedly won a $3.5 billion contract from the Pentagon to manufacture chips for the U.S. military. The ...