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Intel to Receive Up to $7.86B in Federal Funding for U.S. Chip Factories

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Intel also recently received a $3 billion US government contract to expand its semiconductor manufacturing capacity Intel (NASDAQ:INTC) shares rose moderately Tuesday morning as traders learned that the U.S. Department of Commerce will provide the chipmaker with up to $7.86 billion in CHIPS and Science Act funding. A stipulation is that Intel will… Continue reading Intel to Receive Up to $7.86B in Federal Funding for U.S. Chip Factories

The post Intel to Receive Up to $7.86B in Federal Funding for U.S. Chip Factories appeared first on ValueWalk.


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