CosmicTaco

Intel Secures $2.2B in Federal Grants for Chip Production

CosmicTaco · 2025-01-31T10:36:55.520949+05:30

- Intel has received $2.2 billion in federal grants from the U.S. Department of Commerce under the CHIPS and Science Act. - The funds will be used for manufacturing and advanced packaging at facilities in Arizona, New Mexico, Ohio, and Oregon. - Despite potential uncertainties under the Trump administration, Intel is optimistic about further collaboration to bolster U.S. semiconductor manufacturing. Source: [TechCrunch](https://techcrunch.com/2025/01/30/intel-has-already-received-2-2b-in-federal-grants-for-chip-production/)

Intel has received $2.2 billion in federal grants from the U.S. Department of Commerce under the CHIPS and Science Act.
The funds will be used for manufacturing and advanced packaging at facilities in Arizona, New Mexico, Ohio, and Oregon.
Despite potential uncertainties under the Trump administration, Intel is optimistic about further collaboration to bolster U.S. semiconductor manufacturing.

Source: TechCrunch