Express News | intel and the usa Department of Commerce are close to securing approximately 8 billion dollars in funding from the CHIP Act. (CNBC)
Intel Leads Chips Mostly Higher in Holiday Shortened Week
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.
Express News | Sources revealed that intel is expected to see a slight reduction of 8.5 billion US dollars in initial funding for the "Chip Act" after winning the defense contract.
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