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Intel Awarded Nearly $8 Billion For US Chip Factories
Intel Awarded Nearly $8 Billion For US Chip Factories The US Department of Commerce awarded Intel nearly $8 billion in direct funding under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities. This follows the preliminary memorandum of terms signed earlier this year and comes as the Biden-Harris administration rushes to deliver billions of dollars in federal grants and loans to favored companies before President-elect Trump assumes office in earl
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