Intel and US to finalise $8.5 billion in chips funding by year-end, FT reports

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Intel and US to finalise $8.5 billion in chips funding by year-end, FT reports - Channel News Asia

Quick Summary:

Intel and the U.S.government are on track to finalise $8.5 billion in direct funding for the chipmaker before the end of the year, the Financial Times reported on Friday, citing people familiar with the discussions.

Intel and US to finalise $8.

FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023.Intel and the U.S.government are on track to finalise $8.5 billion in direct funding for the chipmaker before the end of the year, the Financial Times reported on Friday, citing people familiar with the discussions.