Intel grabs away US$8.5 billion CHIPS Act money and a US$11 billion loan

Digitimes
Mar 20, 2024, 5:47 am247 pts
The Biden-Harris Administration announced that the US Department of Commerce and Intel Corporation have reached a non-binding preliminary Memorandum of Terms (PMT) to provide up to US$8.5 billion in direct funding under the CHIPS and Science Act to strengthen the US supply chain and re-establish American…

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