“Today is a defining moment for the U.S. and Intel as we work to power the next great chapter of American semiconductor innovation,” Intel CEO Pat Gelsinger said. “Chips Act support will help to ensure that Intel and the U.S. stay at the forefront of the AI era as we bu...
Intel Receives $7.9 Billion in Chips Act Funding, but Says It Won’t Take Federal Loans By Tae Kim Updated Nov 26, 2024, 12:46 pm EST / Original Nov 26, 2024, 5:00 am EST Reprints The government has finalized its grant to Intel. Continue reading this article with a Barron’s s...
government under the Chips and Science Act for the Secure Enclave program. Intel will supply chips for U.S. Defense Department programs.Intel Stock Rises After NewsOn the stock market today, Intel stock rose 2.7% to close at 21.47. On Monday, Intel stock jumped 6.4% to close at 20.91....
In the pursuit of semiconductor supremacy, however, the U.S. government remains in Intel’s corner. Last week, the Biden administrationannouncedit would award Intel up to $3 billion inCHIPS Actfunding as part of an effort called theSecure Enclave, which aims to ensure a steady su...
catch up, especially with the U.S. investing heavily to bring chip and semiconductor production back to American shores. The company has a deal withAmazonto make a new advanced AI chip andfinalizeda $7.9 billion grant last week as part of the Biden administration’s CHIPS and Science Act. ...
Investors in Intel's stock haven't had much to celebrate in 2024, with the shares losing more than half their value. Next year could be challenging too.
above, you can see Gelsinger underline the necessity for the CHIPS Act, and provide some of the history leading up to its passing. Moreover, you can listen to him make Intel's key arguments for loosening the current trade restrictions, while being more generous to Intel - and his reasoning...
March 20, 2024: Intel and Biden Admin Announce up to $8.5 Billion in Direct Funding Under the CHIPS Act March 20, 2024: Intel Celebrates CHIPS and Science Act Direct Funding Announcement (Replay) March 22, 2024: Intel and Arm Team Up to Power Startups March 26, 2024: Intel Announces Ne...
Once given little attention in chipmaking, packages are changing how chips are designed and created – and, ultimately, what chips can do. US-Built Chips Can Strengthen National Security The passage of the CHIPS and Science Act shined a spotlight on the critical need to invest in U.S. domes...
Intel Celebrates CHIPS and Science Act Direct Funding Announcement (Replay) Last edited: Mar 22, 2024 hist78 Well-known member Mar 21, 2024 #2 hist78 said: This is a one hour 22 minutes long video. You may consider to change the playback speed to 2X. Intel Celebrates ...