On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of Intel's commercial fabs in the US. By the end of the decade, these fabs are intended to decrease reliance on foreign adversaries and fill substantial gaps in America's domestic semiconductor supply chain. Initially, Intel was awarded $8.5 billion, but it was decreased after Intel won a $3 billion subsidy from the Pentagon to expand Department of Defense semiconductor manufacturing.
Workers Demand More Transparency After Intel Secures $8b Chips Funding
Ashley Belanger, Ars Technica
Tue, 11/26/2024 - 10:49am
Topics: biden-harris initially pentagon defense secretary commerce gina raimondo supercharge american for intel arizona new mexico ohio oregon approximately commerce department additionally comments chips intel america department billion manufacturing jobs semiconductor release award press fabs expansions expand substantial
BING NEWS:
- Workers demand more transparency after Intel secures $8B CHIPS funding
On Tuesday, the Biden-Harris administration finalized a CHIPS award of up to $7.865 billion to help fund expansions of Intel's commercial fabs in the US. By the end of the decade, these fabs are ...
11/26/2024 - 5:34 am | View Link - More
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