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Intel Secures $7.86 Billion Funding Under US CHIPS Act for $100 Billion U.S. Manufacturing Expansion
Nov 26, 2024•over 1 year ago
Contract Type
contract
Santa ClaraManufacturingSoftware
Description
Intel has finalized an agreement with the U.S. Department of Commerce to receive $7.86 billion in direct funding under the U.S. CHIPS Act. This funding will support Intel’s $100 billion investment plans to expand American semiconductor manufacturing and technology leadership, including projects in Arizona, New Mexico, Ohio, and Oregon.
Company Information
Company
Intel Corporation
Location
Robert Noyce Building
Santa Clara, California, United States
About
Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. The company continuously works to advance the design and manufacturing of semiconductors to help address customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, Intel unleashes the potential of data to transform business and society for the better.
Santa ClaraManufacturingSoftware