The move amounted to a vote of no-confidence from investors who had initially cheered Gelsinger’s turnaround plan, which ...

Intel’s leadership change prompts a fresh look at its strategy. Read why INTC stock holds steady with a Hold rating, given ...

The finalization of the massive grant underlines the importance of Intel to U.S. efforts to build up a domestic chipmaking industry. The vast majority of U.S. chip companies, including stock ...

On 27 November, the US Department of Commerce finalised $7.86bn in direct funding to domestic chip maker, Intel, to advance ... mistakes on the production front.” Semiconductors have become ...

The U.S. Department of Commerce confirmed on Tuesday it has awarded $7.865 billion to chip giant Intel under the U.S. CHIPS and Science Act, a federal statute signed into law by President Joe ...

US government officials are counting on Intel to lead the country's chip manufacturing renaissance but the company is struggling to meet expectations. Intel becoming a globally competitive US chip ...

The New York Times reports that Intel will receive less funding from the CHIPS Act than originally planned because of the microprocessor maker’s business struggles. The Biden administration ...

The Biden administration is expected to trim the amount of federal grant funding Intel was originally anticipated to receive from the CHIPS and Science Act after the semiconductor maker won a ...

More than two years after President Joe Biden signed the CHIPS Act, Intel and the Commerce Department have finally agreed to terms for the $7.9 billion federal grant that will fund some of the ...

US policymakers are still betting that Intel is the nation's best shot at manufacturing chips. It's a long shot. The S&P Dow Jones Indices said on November 1 that Intel is losing its 25-year spot ...

Intel has managed to secure US$7.86bn in subsidies from the US administration under the CHIPS Act initiative. The deal is set to focus more on the enhancement of domestic production of ...

The fact that AMD in the past quarter managed to unleash new data center AI chips sales opportunities equal to the full-year revenue goal that Intel now expects to miss is yet another reflection ...