WASHINGTON (Reuters) - President Donald Trump's administration is renegotiating some of former President Joe Biden's grants ...

Is Trump’s administration looking to revisit certain semiconductor grants issued under former President Joe Biden?

Secretary of Commerce Howard Lutnick said he's looking to revamp deals that were "overly generous" as the department seeks to ...

Lutnick pointed to TSMC as an example of a successful renegotiation, highlighting that it increased its original US ...

Biden in 2022 signed the CHIPS and Science Act to plow $52.7 billion ... As of March, Intel had received $2.2 billion of its $7.865 billion in funding as part of the federal CHIPS Incentives ...

Biden in 2022 signed the CHIPS and Science Act to plow $52.7 billion into boosting semiconductor chips manufacturing and ...

Along with the funding, Intel agreed not to conduct stock buybacks ... Congress passed the Chips Act in 2022, setting aside tens of billions to boost U.S. chip manufacturing.

Intel has secured $7.8 billion in US CHIPS Act funding, and ditching its foundry would put that funding at risk. "The US doesn't want to be exclusively dependent on foreign firms for advanced ...

In a blow that chip stock Intel absolutely did not need right now, new reports say that the federal government is reconsidering its CHIPS Act funding, the funding that spurred Int ...

For long-term investors, the recent volatility may be more than just market noise. It could be the early rhythm of a ...