The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the ...

Funding for the semiconductor giant is cut to under $8 billion, reflecting financial challenges and investment delays.

The White House plans to curtail a multi-billion dollar subsidy for chipmaker Intel as the company dials back on construction ...

Intel has posted big losses since the grant was announced, leading to spending cuts, mass layoffs and widespread doubts on ...

The Biden administration has decided to cut Intel’s much-anticipated CHIPS Act grant from $8.5 billion to less than $8 ...

The reduction in funds is said to be linked to Intel’s delay in completing an Ohio chip manufacturing facility.

The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...

This decision could significantly impact Intel's ambitious plans to expand manufacturing capabilities within the United ...

The US government is reportedly reducing Intel's CHIPS Act grant from $8.5 billion to under $8 billion due to delays in Intel ...

A new report claims that Intel will receive less funding from the CHIPS Act than originally planned because of its business ...

The Biden administration plans to reduce Intel’s preliminary US$8.5 billion (S$11.5 billion) federal Chips grant, a move that ...

However, Intel is on the cusp of completing its "five nodes in four years" turnaround, while management promises its ...