As interest in Intel’s faltering business grows, the chip pioneer is reportedly set to finalize billions of dollars in direct ...

In March 2024, the Biden Administration and Intel signed a preliminary memorandum of terms (PMT) for the $8.5 billion funding ...

Intel Corp. and the U.S. government will likely finalize a deal to provide the company with $8.5 billion in CHIPS Act funding ...

Intel has been attempting to reverse its poor financial outlook after it posted a $1.6 billion loss in Q2 2024. Immediately ...

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 ...

Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the ...

Intel is to get $8.5 billion of Chips Act money by the end of the year, reports the FT, but the grant is said to be ...

Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden ...

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

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