White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing

Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $8.5 billion to shore […] © 2024 TechCrunch. All rights reserved. For personal use only.

White House proposes up to $8.5B to fund Intel’s domestic chip manufacturing

Well before President Joe Biden signed the CHIPS and Science Act into law back in August 2022, Intel has been a cornerstone of U.S. efforts to increase domestic chip manufacturing. This morning, the White House announced an agreement with the Department of Commerce that would deliver the silicon giant up to $8.5 billion to shore […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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