Intel CHIPS Act Funding

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Intel Stock Rallies

Intel’s CEO seems to have made nice with Trump. What comes next?

The chip maker could ask for more monetary support and for the White House to encourage customers to use its advanced chips, Bernstein analysts said.

The New York Times · 1d

President Trump Calls Intel C.E.O. a ‘Success’ After Meeting

Just days after calling for the resignation of Intel chief, Lip-Bu Tan, over his ties to China, Mr. Trump changed his tune.

Wall Street Journal · 1d

Intel Stock Rallies After Trump Meets CEO

Intel shares rallied after President Trump said he had met with the embattled chip maker's chief executive. The president said Monday's meeting, also attended by Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent,

Crain's Cleveland Business15hOpinion

Crain's editorial: Chipping away at Intel's future in Ohio

So much has gone sideways for Intel since it announced its $28 billion Ohio semiconductor factory project in January 2022: ...

SDxCentral8mon

Intel Secures $7.86 Billion CHIPS Act Funding to Enhance Semiconductor ...

The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and ...

11h

Trump Says Intel CEO’s Success an ‘Amazing Story’ After Calling for His Resignation

Trump’s comments indicate a change of heart since last Thursday, when he called for Lip-Bu Tan to “resign immediately ” ...

6don MSN

GOP Sen. Tom Cotton questions new Intel CEO Lip-Bu Tan over alleged ties to Chinese military

In a letter sent Wednesday to Intel’s chairman, Sen. Tom Cotton (R-Arkansas) wrote that he is concerned “about the security ...

Sen. Moreno says Intel's Ohio could become a 'white elephant,' urges fraud investigation

Sen. Bernie Moreno has called for an investigation into how semiconductor maker Intel spent federal and state funding for its ...

SDxCentral11mon

US government to delay Intel CHIPS act funding until company hits ...

The US government is likely to delay handing over the $8.5 billion of CHIPS Act funding to Intel, due to the company’s ongoing financial woes. According to a report from Bloomberg, the ...

Hosted on MSN1mon

Intel set to lay off around 10,000 workers — despite getting $2 ... - MSN

Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former ...

Trump Attack on Intel’s C.E.O. Could Compound Factory Struggles

The challenges in Ohio highlight the risks that federal and state officials took when they financially backed Intel, a ...

5don MSN

Trump demands Intel CEO Lip-Bu Tan ‘resign immediately’ amid alleged ties to Chinese military

Lip-Bu Tan took the helm at Intel in March after the software giant ousted chief Pat Gelsinger following dismal earnings and ...

DATAQUEST2dOpinion

US CHIPS Act is dead as tariffs are significantly better alternative for US taxpayers

Apple’s manufacturing partners have committed to over $100 billion, TSMC is accelerating Arizona expansion, and Samsung is ...

Fudzilla2d

Intel needs $40 billion lifeline to keep US in chip race

Former CEO Craig Barrett urges customers to bankroll Intel’s survival Former Chipzilla chief Craig Barrett [pictured] has ...

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