Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

Home » Blog » Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

November 26, 2024November 26, 2024

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

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