Intel will receive at least $1 billion in CHIPS Act funding before the end of the year. The company plans to invest $90 billion in the US by the decade’s end, a reduction from its initial goal ...

WASHINGTON (Reuters) - President Donald Trump's administration is renegotiating some of former President Joe Biden's grants ...

Along with the funding, Intel agreed not to conduct stock buybacks ... Congress passed the Chips Act in 2022, setting aside tens of billions to boost U.S. chip manufacturing.

The financing, which officials announced today, will be provided under the 2022 CHIPS and Science Act. Intel is one of several chipmakers set to receive funding under the law. Earlier this month ...

The Senate’s draft tax bill is set to raise chip factory credit to 30% from 25%. This change aims to encourage chip makers to ...

Is Trump’s administration looking to revisit certain semiconductor grants issued under former President Joe Biden?

Secretary of Commerce Howard Lutnick said he's looking to revamp deals that were "overly generous" as the department seeks to ...

In a blow that chip stock Intel absolutely did not need right now, new reports say that the federal government is reconsidering its CHIPS Act funding, the funding that spurred Int ...

Lutnick pointed to TSMC as an example of a successful renegotiation, highlighting that it increased its original US ...

President Trump is trying to cancel billions of dollars in federal spending. One of his targets offers incentives to ...

Mr Lutnick said the goal was to benefit American taxpayers. Read more at straitstimes.com. Read more at straitstimes.com.