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 ...

Sources say that Intel could start receiving parts of its $8.5-billion CHIPS Act payout before the end of 2024.

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

President Biden signed the CHIPS Act into law in August 2022 and called it a "once-in-a-generation" piece of ...

Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep ...

As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some ...

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

The chip central to Intel’s success is called the central processing unit. Intel released its first version in 1971, said ...

Intel Foundry, the semiconductor manufacturing arm of Intel Corp., has garnered more CHIPS and Science Act funding under the ...

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

According to the Financial Times, Intel would benefit from the funding before the end of this year. In the midst of a ...