Intel's CHIPS Act Funding Cut By Over $600 Million

The Biden administration is reducing Intel's CHIPS Act award by over $600 million, citing a $3 billion military contract the chipmaker was also awarded. Engadget reports: Initially set to receive $8.5 billion from the domestic silicon production bill

By: Slashdot.org

Dec 23 2024
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Intel's CHIPS Act Funding Cut By Over $600 Million — Intel's CHIPS Act Funding Cut

reducing Intel's CHIPS Act award by over $600 million, citing a $3 billion military contract the chipmaker was also awarded. Great... it sounds like someone in government is paying attention and han… [+163 chars]

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