Intel CEO Pat Gelsinger.I-HWA CHENG/ Getty ImagesAn Intel employee raised concerns about the upcoming US election's impact on CHIPS Act funding.Intel invested billions in US factories but hasn't received CHIPS Act grants yet.Nvidia is replacing Intel in the Dow Jones, signaling Intel's declining influence.Intel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel's CHIPS and Science Act funding at an all-hands meeting on Friday.The US Commerce Department has awarded Intel, the largest recipient of the Act, $8.5 billion in grants and $11 billion in loans.
Similar Stories to In An All-hands, Intel Ceo Addresses Employee Concerns About The Us Election And Chips Act Funding on Bing News
hli@businessinsider.com (Helen Li), Business Insider
Fri, 11/01/2024 - 4:54pm
Topics: i-hwa cheng getty imagesan s chips science act us commerce department mexico arizona ohio oregon the chips act congress washington dc american semafor mike dewine white house new albany stephen ezell information technology innovation foundation center life sciences innovation bi kamala harris donald trump s&p dow jones indices dow jones industrial average contact intel ceo pat gelsinger chips act dow jones act business insider all-hands employee concerns election grants invested addressed slow key upcoming change delays received success funds meeting faced delay bloomberg point earnings company policy
BING NEWS:
- In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
Intel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel's CHIPS and Science Act funding at an all-hands meeting on Friday. The US ...
11/1/2024 - 12:55 pm | View Link - Intel CEO is "frustrated" with CHIPS Act payout progress — Intel has received $0 from the $8.5 billion that the US government promised
In an interview, Pat Gelsinger told the New York Times that he has been "frustrated with the process" of securing promised CHIPS Act funding. Biden's CHIPS Act promised $8.5b for Intel, but Intel has ...
10/25/2024 - 9:06 am | View Link - Leaked Amazon audio shows CEO Andy Jassy address several of the company's most pressing issues — but dodge employees' top concerns about low pay
Noticeably absent: any mention of employee pay concerns. It was an odd omission ... But the all-hands meeting, Andy Jassy's second since he became CEO of Amazon in July, left some employees ...
04/20/2022 - 8:50 am | View Link - More
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