Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding
Intel and the Biden administration have finalized terms to an agreement that will see the chipmaker receive up to $7.86 billion in CHIPS Act funding, down from the originally announced $8.5 billion ...
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Intel took advantage of state incentives to build a new computer chip factory in New Albany, Ohio, seen here under construction in summer 2024. Photo by Doral Chenoweth/USA TODAY Network via Imagn ...
Intel’s Ohio project moves ahead, but questions linger over company’s microchip strategy
Intel is investing $20 billion in manufacturing plants east of Columbus, but some wonder if those plans will change.
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What we know about plans for Ohio’s Intel plant amid CEO turnover
When Pat Gelsinger was appointed CEO of Intel in 2021, he was heralded as the company’s much-needed savior. Now, it is unclear how his co-replacements will proceed ...
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What we know about plans for Ohio’s Intel plant amid CEO turnover
and it encompasses Ohio’s Intel plant. In September, Intel announced plans to restructure Intel Foundry into an independent unit, allowing it to raise outside funding and maintain a distinction ...
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Intel remains committed to Ohio ‘Silicon Heartland’ despite company’s struggles
With federal CHIPS Act funding finalized, Intel Corp. remains committed to building the two semiconductor fabrication plants under construction in New Albany, Ohio, despite the company’s ...