Intel and Biden Administration finalize $7.86B deal to fund domestic chip manufacturing ...Middle East

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe Biden in 2022 to boost domestic semiconductor manufacturing. The figure is notably lower than the potential highest figure announced back in March, when […] © 2024 TechCrunch. All rights reserved. For personal use only.

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