Intel Awarded up to $3B by the Biden-Harris Administration for …
WEB2 days ago · SANTA CLARA, Calif., September 16, 2024 – The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for …
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost …
WEB2 days ago · Intel’s shares jumped 6 percent on news of the government award and more than 8 percent following the Amazon news. ... on producing additional chip designs. Intel’s announcement of a $3 ...
Intel awarded up to $3 billion under CHIPS Act - CNBC
WEB3 days ago · The Biden administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the “Secure Enclave” program, which is designed to expand the supply of ...
Intel, AWS Expand Strategic Collaboration, Helping Advance U.S.
WEB3 days ago · AWS is planning to invest $7.8 billion to expand its data center operations in Central Ohio, in addition to the $10.3 billion it has invested in the state of Ohio since 2015. “This collaboration between Intel and AWS is a great development for U.S.-based manufacturing and solidifying Ohio as a leader in AI,” said Ohio Governor Mike DeWine ...
Intel moves to spin out foundry business, inks AI chip deal with …
WEB2 days ago · Intel’s cost-cutting and dealmaking — along with a newly awarded $3.5 billion contract to build chips for the Pentagon — sent the company’s stock soaring over 6% at market close.
Intel foundry business to make custom chip for Amazon, …
WEB2 days ago · Sept 16 (Reuters) - Intel (INTC.O) and Amazon's (AMZN.O) AWS said on Monday they would expand their collaboration, including a co-investment in custom chip designs, under a multi-year, multi ...
Pat Gelsinger on Foundry Momentum, Progress on Plan - Intel
WEB2 days ago · Specifically, Intel Foundry will produce an AI fabric chip for AWS on Intel 18A. We will also produce a custom Xeon 6 chip on Intel 3 that builds on our existing partnership, under which Intel produces Xeon Scalable processors for AWS. ... we will help secure the domestic chip supply chain. This news, combined with …
Intel details new Lunar Lake CPUs that will go up against AMD, …
WEBJun 4, 2024 · Lunar Lake returns to a more conventional-looking design for Intel. Andrew Cunningham - 6/3/2024, 8:00 PM. Enlarge / A high-level breakdown of Intel's next-gen Lunar Lake chips, which preserve...
Intel Receives $8.5 Billion in Grants to Build Chip Plants
WEBMar 20, 2024 · President Biden on Wednesday awarded $8.5 billion in grants to Intel, a major investment to bolster the nation’s semiconductor production, during a tour of battleground states meant to sell...
Biden is giving Intel $8.5 billion to build in Arizona and 3 other ...
WEBMar 20, 2024 · CHANDLER, Ariz. — President Biden announced a deal with Intel that will give the chipmaker up to $8.5 billion in grants and another $11 billion in loans to build semiconductor plants in four...
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