Did the Biden administration reportedly finalize the $8 billion chip bill funding with intel before Trump took office?
After Trump questioned the subsidy method for the chip bill, the media reported that the goal of the Department of Commerce is to complete funding agreements as much as possible before Trump took office; considering intel's delay in investments related to the Ohio wafer factory, as well as its own technical roadmap and customer demands, the Biden administration plans to reduce the initially announced $8.5 billion appropriation by $0.5 billion.
Intel Options Spot-On: On November 25th, 278.47K Contracts Were Traded, With 4.68 Million Open Interest
On November 25th ET, $Intel(INTC.US)$ had active options trading, with a total trading volume of 278.47K options for the day, of which put options accounted for 31.07% of the total transactions, and
Doubts about the assistance bill, intel's "arm breaking" for survival: the urgent sale of real estate in two large parks in the usa.
Responding to the variability of the legislation.
Is it less than 8 billion US dollars? The Biden administration is reportedly considering reducing financial subsidies to intel.
1. The US government plans to reduce intel's federal chip subsidy from less than $8.5 billion to less than $8 billion; 2. Part of the reason is that intel has received a $3 billion military chip manufacturing contract, and intel's poor technical roadmap and customer demand are also reasons for the adjustment; 3. Intel's current plight is also a blow to the Biden administration's accelerated domestic chip manufacturing plan.
Intel Leads Chips Mostly Higher in Holiday Shortened Week
Express News | intel and the usa Department of Commerce are close to securing approximately 8 billion dollars in funding from the CHIP Act. (CNBC)
Sector Update: Tech Stocks Advance Premarket Monday
Sector Update: Tech
US stock market outlook: Dow futures hit a record high! Cryptocurrency concept stocks strengthen pre-market, MARA rises over 5%; Palantir rises 4% pre-market, opening momentum at a record high! Wade Bush raises target price.
Macy's performance announcement has been delayed, and it fell 8% before the market opened; Rocket Lab surged over 8% before the market opened, completing two rocket launches in a short period of time.
Intel, AMD in Focus as Bernstein Weighs in on PC, Server Markets
Market Chatter: Lattice Semiconductor Mulling Offer for Intel's Altera Unit
The market is beginning to anticipate nvidia's next "explosive growth business": auto chips.
nvidia's next step may involve a large-scale "rollout."
Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership
Intel seeks survival by "dividing the land"! Will sell two large industrial park properties in the usa.
① Intel plans to sell its plant in Folsom, California, and land in Hillsboro, Oregon, to adjust its global real estate strategy and save costs; ② Intel continues to face financial pressure, with a loss of 17 billion USD last quarter, and coupled with diminishing hopes of obtaining subsidies from the usa government, this has forced the company to consider self-rescue actions.
It is reported that the usa government plans to reduce intel (INTC.US) chip subsidies to below 8 billion dollars.
The usa government plans to reduce intel (INTC.US) preliminary federal chip subsidy from 8.5 billion US dollars to below 8 billion US dollars.
Huang Renxun discusses the current situation of AI: It will still take several years to achieve 'highly reliable.'
Jensen Huang believes that we are still "years away" from a highly trustworthy AI system. The entire industry is also rethinking how to train models more effectively with limited data and resources.
US Plans To Trim Intel Corp's Federal Chip Grant To US$8 Billion
Express News | U.s Plans to Reduce Intel's Preliminary $8.5 Billion Federal Chips Grant to Less Than $8 Billion - New York Times
Express News | The USA will reduce subsidies for Intel chips from $8.5 billion to below $8 billion. (New York Times)
Intel (INTC) Replaced by NVIDIA on Dow Jones, Marking Shift in Semiconductor Industry Leadership