IntelEnglish · 4 hours ago

Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

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Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing

IntelEnglish · 4 hours ago

1

Intel and Biden Administration finalize $7.86B CHIPS Act grant for domestic manufacturing | TechCrunch

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science Act.

The U.S. Department of Commerce today confirmed it has awarded $7.865 billion to chip giant Intel under the CHIPS and Science Act.

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Trump will take credit for it.

Intel

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Intel Corporation is an American multinational corporation and technology company. Intel designs, manufactures and sells computer components and related products for business and consumer markets.

Intel supplies microprocessors for most manufacturers of computer systems, and is one of the developers of the x86 series of instruction sets found in most personal computers (PCs). It also manufactures chipsets, network interface controllers, flash memory, graphics processing units (GPUs), field-programmable gate arrays (FPGAs), and other devices related to communications and computing. Intel has a strong presence in the high-performance general-purpose and gaming PC market with its Intel Core line of CPUs, whose high-end models are among the fastest consumer CPUs, as well as its Intel Arc series of GPUs.

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