Home Procurement NewsIntel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

November 25, 2024•

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

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Last modified: November 25, 2024

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