Intel accelerates CHIPS act funding, receives $5.7B ahead of schedule
Saturday, 30 August 2025 ()
Intel has secured $5.7 billion in accelerated CHIPS Act funding from the US government. This is a significant step intended to fast-track the company’s expansion of domestic semiconductor manufacturing amid intense geopolitical and economic pressures. The payment, which arrived ahead of schedule, reflects a sweeping renegotiation of terms between Intel and the Department of Commerce […]
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