Intel awarded $8.5B in CHIPS Act funds for domestic chipmaking

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Intel awarded $8.5B in CHIPS Act funds for domestic chipmaking
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Chip and PC company Intel (INTC) will receive $8.5 billion in grants from the Biden administration's CHIPS Act funds. Yahoo Finance Live weighs in on Intel's...

$8.5 billion in grants from the Biden administration's CHIPS Act fundsNvidia CEO Becomes Kingmaker by Name-Dropping Stocks

-- Nvidia Corp. Chief Executive Officer Jensen Huang’s highly anticipated keynote failed to move the needle for his stock. But it turned out to be good for many of the company’s customers and partners.

HONG KONG — Asian markets were mostly higher Wednesday ahead of expected guidance by the Federal Reserve on the timing of its cuts to interest rates. Oil prices and U.S. futures fell. Japan’s markets were closed for a holiday. On Tuesday, the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, raising the rate to a range of zero to 0.1% from minus 0.1%. The U.S.

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Biden to tout government investing $8.5 billion in Intel's computer chip plants in four statesBiden to tout government investing $8.5 billion in Intel's computer chip plants in four statesWASHINGTON (AP) — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for...
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Intel Gets $20 Billion in US Grants, Loans for Chip PlantsIntel Gets $20 Billion in US Grants, Loans for Chip Plants(Bloomberg) -- The US will award Intel Corp. $8.5 billion in grants and as much as $11 billion in loans to help fund an expansion of its semiconductor...
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